Totally agree. A fair minimum living standard for all.Give people with only a state pension a decent pension not £200 a week and make the thresholds for savings allowances cut offs higher
What a load of bollocks.
1. The IFS said there a £20bn hole to fill in Labour spending plans
2. OBR snd other think tanks said there were big holes to fill (excluding inflationary public sector pay rises add that in and there you go.
3. Labour has had weekly meetings with the Treasury since Jan being told the whole picture. (It's what happens in the last year of government).
There are no surprises. If there are Rachel should resign on the spot.
Then to tax those with a basic state pension sion - shesh.
Lots of people are undeniably going to have to take some pain. Myself included, no doubt.
So be it. There is simply no alternative. We are in a right fucking state.
I don’t think it will be the same people again. I think it will be people with assets.I agree. I object to it being the same people taking the hit over and over again and then being told to suck it up.
The Treasury has told Rachel the full picture from January. It's what happens in the last possibld year of a UK government.If the Govt don't give the numbers to the OBR how do you think they do their forecasts? Why have the IFS come out and said the Labour version is likely correct?
The Treasury has told Rachel the full picture from January. It's what happens in the last possibld year of a UK government.
Then there's tge IFS and other thinks tank reports.
If Rachel is suprised then she's incompetent. Full stop.
Yeah sure. That's why the Tories were surprised by the "no money left" note they were still citing 14 years later.The Treasury has told Rachel the full picture from January. It's what happens in the last possibld year of a UK government.
Then there's the OBR report 10 weeks ago.
IFS and other thinks tank reports.
If Rachel is suprised then she's incompetent. Full stop.
Not true, because if you're a higher rate taxpayer, you're getting an extra 40% in pension relief from the government every time you put money in. And when you take it out in however many years time, chances are you'll be paying income tax at the lower 20% band, unless you've got a shitload saved up. You don't have to have a pension. You could take all of your money and put it into a savings account instead. But then you'd have to do that after tax, so you're instantly losing 20% or 40% depending on your tax band.A pension is a horrendous investment vehicle if it's subjected to further taxation because it means less gains and lost retirement sums so people will therefore just put less into it.
The fact that you were responding to someone who was talking about pensions, and didn't seem to make any effort to point out that you were changing the topic?I don't know where this idea is that I was talking about pensioners?