Monday, May 07, 2018

Pensioners to pay more tax

The cross-party Intergenerational Commission chairman David Willetts, told the Sunday Times that older families would need to pay more tax to meet the rising costs of health and social care for an ageing population.

“The older millennials are now hitting their late thirties, still earning less than those born five and even 10 years earlier,” he said.  “Pensioners are less likely to be poor than families of working age so it is only reasonable that when you look at healthcare provision that you look at a fair contribution from older people.”

1 comment:

ajohnstone said...

A £10,000 payment should be given to the young and pensioners taxed more, a new report into inter-generational fairness by suggests the research and policy organisation, the Resolution Foundation says.

Well, i think we know which part of that recommendation will appeal to the government Treasury Department