In this final piece in our series on inter-generational fairness, the former Defence Secretary floats means testing at least some pensioner benefits.
Posts Tagged: Pensions
Interview: David Willetts demands “Beaverbrookism” to bring intergenerational fairness in housing and pensions
Willetts has no objection to getting local councils to build more houses, and “hopes and believes” Osborne will find ways to alleviate the cuts in tax credits.
In the first piece of our mini-series on intergenerational unfairness, Jonathan explores the way government policy is widening the gap.
Our findings confirm that – as one would intuitively expect – these stocks are crucial to the construction of risk-balanced portfolios.
We won’t complain if the Chancellor reduces the top rate further. But the trade-off should be fairer property and pensions taxation.
The Chancellor’s instincts on pensions are right. He favours more freedom and responsibility, and has acted accordingly.
Answers within this post. Unsurprisingly, old people receive the most.
There are policies here that provide the common ground with both major parties, from hawkish deficit reduction targets to envy taxes.
Growing national debt is a burden that young people and future generations shouldn’t be asked to bear. Governments have a moral responsibility to remove it.
The number of poor elderly people has declined sharply over recent years and decades. The same can’t be said for those of working age.
Capped care home fees. Better help for rape victims. 15 hours free childcare for 3 and 4 year olds. Reduced number of pension qualifying years for women. And more.
Social security spending on pensioners has risen by £10 billion over this Parliament. It’s declined by £2 billion for non-pensioners.
Tax cuts will help and so will lower property prices, but above all, we need a return to healthy, non-inflationary wage growth.
It is a costly fiscal transfer from the broad body of taxpayers to the rich and old.
Labour plans new taxes on your family home and your pension – and he and Balls would like to tax death too.