NI Increase

So we're going to tackle the problem of the generation that's hoarding all the money and assets needing expensive care by increasing the one tax that generation does not pay at all. Great.

All that shit about asset taxes and creative new ways of taxing real wealth in the 21st century, and we're back to just (basically) raising income tax as the only solution to everything.

They should just do what they really would love to and tag it onto student loans.

Thrilled that pensions are going up though. 

I'm happy to pay 5% if it means my care costs are eventually capped at £50k.  As they're going to build up a fund this will benefit us more than it benefits our parents who'll still have to pay for care (or more accurately in many cases who will have to have care funded by their children).

indeed

it will pay for really inefficient privatised care for your parents which (very like cleaning services for public sector buildings now) will involve a lot of ticking a box to say you did something if it looks credibly that it has been done at some point 

then fook all for you

Well yes I'd fully expect the next non-Tory government to rip it up on principle and then replace it with something almost identical but different enough to claim it's a new policy even if then also torn up and replaced by the next Tory government.  However, I'm still happy to pay more if it means some of the people I know who are struggling to get by aren't forced to sell everything to end up in a hideous bargain care home where the staff beat them.

It is ridiculous to be keeping a population going into decrepitude so they can spend hundreds of thousands of pounds existing in a state of misery

WHY the fvck is euthanasia not the standard option once you can no longer care for yourself? Who wants to be changed by a bored, underpaid stranger?

The true issue is working out how we encourage middle aged people to put their own lives to one side for a few years and have one or more decrepit parents living with them so they aren't spending thousands to live in a home surrounded by strangers who are just paid to be there.

Agreed this is scandalous, and must no go ahead.

They should:

- extend capital gains tax to transfers on death

- including gains on your home (realised on death, or within three years before death).

At the same time a modest increase in the IHT nil rate band would be in order.

Nobody can complain that a capital gain 'has been taxed already' so there is no principled objection I can see.

possibly if they hadn't spaffed BILLIONS on funnelling cash to friends and family this type of thing wouldn't be necessary. I don't understand how the UK can have such high tax rates and such awful services at the same time. 

clergs, are you having some sort of major crisis?

you are now posting literally hundreds of times a day from early in the morning until late at night and each post sounds like you are shouting it.

is there anyone that you can talk to about this?

Why do they feel the need to raise taxes at all? The last hundred years of western public economics have proven that deficits and national debt don’t matter at all