Tuesday, April 23, 2013

Rebalancing

Raise taxes on pensioners as 'old age is no longer a proxy for poverty', says think-tank

Pensioners' taxes should increase, their benefits be cut, and a tax on property wealth should be introduced in order to share the pain of austerity with today's hard-up workers, a think-tank said today.

Posted by dill @ 11:16 AM (3024 views)
Please complete the required fields.



5 thoughts on “Rebalancing

  • mark wadsworth says:

    Tee hee, cats, pigeons, feathers, ruffled. The original report even mentioned replacing council tax etc with Land Value Tax.

    The Poor Widows In Mansion were out in force at the BBC, no doubt they’ll be back to do their patriotic duty in the comments at the Mail.

    Reply
    Please complete the required fields.



  • Simple solution to the supply-demand thing that Saga bangs on about – strip pensioners of their rights to object to planning permission applications. They want to have their cake and eat it – my house is my house in every sense but I have a say in other people’s houses/vacant/underused land

    Reply
    Please complete the required fields.



  • ‘Ensuring that younger people can get on the property ladder is about supply and demand – you don’t create more houses by making older people homeless,’
    LOL he’s dreaming if he thinks that a pensioner in a expensive house will be made homeless by paying a little more council tax. They can just downsize, especially if we get rid of $%%^!!!?? stamp duty. Or they can screw their heirs by deferring until they peg.
    Good work on Saga for getting a token young person to be their spokesman BTW!

    Reply
    Please complete the required fields.



  • mark wadsworth says:

    More from the article…

    “As well as cutting benefits or increasing taxes, the society backed Labour’s calls for a tax on property wealth, saying it could be done through council tax reform.”

    Hurray!

    “But Saga refuted the report’s suggestions as ‘simply ludicrous’, and said such changes would cause long-term damage. ‘Ensuring that younger people can get on the property ladder is about supply and demand – you don’t create more houses by making older people homeless,’ said Tim Pethick, managing director of Saga Magazine. ‘You create more homes by freeing up sites for development and insisting that new developments include both affordable housing for those trying to get a foot on the ladder and appropriate housing for those choosing to downsize.”

    Exactly, and pensioners are the worst NIMBYs of all, this is precisely what they are not doing. And forget downsizing, the Homeys go mental every time that one is suggested.

    Reply
    Please complete the required fields.



  • ‘Ensuring that younger people can get on the property ladder is about supply and demand – you don’t create more houses by making older people homeless,’ said Tim Pethick, managing director of Saga Magazine. ‘You create more homes by freeing up sites for development and insisting that new developments include both affordable housing for those trying to get a foot on the ladder and appropriate housing for those choosing to downsize.”

    Utter b0110cks – should read…

    Ensuring that younger people can get on the property ladder is about price. LVT would incentivise people to own the housing they actually need, freeing up all those houses that the idiots that bleat on about housing shortages say we need.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>