The Labour Government

It's OK folk in their final few years will really enjoy a dose of short term pain for the long term benefit of our public sector heroes.


All the money taken off of the elderly can pay for the Frappuccinos, finger food and free bus travel for those unfortunate younger people.

Broader shoulders and all that.
 
I don't have an issue with better public services and everyone having to chip in a bit more to pay for them. My grave concern is that the government cannot run a piss up in a brewery and most of the extra money taken off people will be wasted for little or no discernable gain.

And I also fear that some people who are not expecting it, are going to be very significantly worse off. The inheritance tax limit is currently £325k, plus up to £175k more if you are leaving your house to your kids. And then double that if you are a surviving spouse, since the deceased spouse passes their £500k to the survivor.

I suspect they are going to mess with this significantly. And MANY people at end of life own a house worth more than £325k.
I will never get the chance to own a home. I'm beholdent to being bummed by landlords and extortionate rent.
 
I don’t think one particular section of society will foot the bill, so I do foresee a tax increase across the board and, as many have said, if services improve that would be positive.

As long as those using loopholes to avoid tax are chased down.
These loopholes are crafty bastards we've been trying to close then down for decades.

Loopholes black holes and arseholes in rosettes, not much changes.
 

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