Thanks Boris
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Thanks Boris
The richest in the UK made huge amounts of money on the back of the pandemic, why not tax them?
Answer - because the tories have been bought out by them and the average person from the UK decides its immigrants fault instead of the mega rich (thanks to the daily mail and the sun)
Yeah, that's a good outline for a Socialist Worker editorial at any point in the last 50 years, but it isn't really true.
The top 1% of income tax payers pay around a 25% of all income tax.
The bottom half of all income tax payers pay 10%.
https://ifs.org.uk/publications/9178
And rightly so, may I add.
I would probably rather they increased income tax than national insurance, but something had to be done.
Yep, what does that work out as? 18 months worth? I would love to see a breakdown of cost of care and cost of occupancy/sustenance within a care home, I think it is probably right that care is paid for out of some kind of general taxation (that rich pensioners aren't excluded from paying themselves). But what does the 1k a week for a care home pay for currently, at least a third of that must be 'rent' and food, maybe the answer is more pragmatism about the true cost breakdown and a reflection on who should pay for that and why?
Sounds like the politics of envy there to me. Plus, just because you are living in a house worth over £500000 doesn’t mean you are rich. There are two or three bed semis in Cardiff worth that. Plus again that most pensioners have worked hard all their life, paid their taxes and National Insurance, and spent/saved their money prudently, so why should they have their property snatched off them later in life.
Ive never understood the argument that your house has to be sold of to pay for care
these people have paid tax's and NI all their lives, yes they own a home, but surely paying NI and tax's for 50 years mean they have paid enough into the " pot " to not have their home sold from under them
I must have been in my early 20's when I first heard of this, a colleague was angry that his parents were heading into a home, he had been told they had to sell their home ( they had built it themselves down in Cornwall overlooking a beach ) this couple had both worked till retirement ( he was a doctor and she worked as a school nurse giving MMR jabs around Cornwall ) of course they had paid a lot in to the pot, yet were having the house taken away to fund the care home
the point here is that the NICs paid by today's pensioners were based on life expectancy after retirement of 5 may be 10 years. We are now seeing pensioners live well into their 90s, meaning the cost of their pension is 3x what it was originally thought to be. You factor in social care and health care costs too and suddenly you appreciate today's pensioners have paid in nowhere near enough.
the issue is that pensioners forma huge voting block, and governments are scared of upsetting the block for fear of losing large swathes of votes.
something had to be done, although whether the way to finance it was the way chosen by this government is debatable.
Yeah but at the same time lets acknowledge that a generation has completely underpaid into the system and now we are starting to see the problems that has caused. At the same time, the property ponzi scheme has favoured them as supply has dried up.
For reference, I stand to gain from this policy in the long run as my parents have significant (but not obscene) wealth so this isn't about envy or a generational attack (I know these are the favoured tools of people without a point to make) but about fairness and cold hard logic.
Ah yes - but it's only a 1.25% increase and not the 2% we were being told - or spun.
Bloody Socialists
Germany’s system offers a minimum level of benefits and does not cover the full costs of care.
Individual service users must pay the remaining costs plus any costs of bed and board in residential care (social assistance pays in the case of people with very low means).
So what's going to happen in NI, Scotland and Wales?A health and social care tax will be introduced across the UK to pay for reforms to the care sector and NHS funding in England