Pensions, ISAs and Houses

You heard it here first:

"Tax over-40s for old age care, say MPs"

"A new tax for the over-40s in England should be introduced to help pay for elderly care for all, MPs say.
Retired people should also be made to pay it if they have lucrative pensions or investments,
two influential House of Commons' committees said.
The contribution - dubbed a social care premium by MPs - could then be used to ensure everyone who needs support in their old age gets it.
It comes as ministers are considering how to reform social care.
Currently only the poorest get help towards the cost of care, whether it is provided in people's homes or in a care home.
Other people have to pay for it themselves, with one in 10 facing lifetime costs of more than £100,000. "


https://www.bbc.co.uk/news/health-44621047

"The MPs on the Housing, Communities and Local Government and Health and Social Care committees said changes were long overdue.
A combination of the ageing population and a squeeze on council budgets has left the system at breaking point.
The cross-party groups believe only a radical solution can tackle the problem.
Their report said employers should also contribute to the social care premium and argues it could be topped up by an extra levy on inheritance tax on the wealthiest estates."


Preventing the wealthiest from being tax-dodgers would do more good than increasing the tax they don't pay.
 
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what a shame that the rest of the population doesn't get a vote.

Just a minute, though....
 
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Fuel duty.

For the Conservatives, it has the advantage that it will not even be noticed by billionaire tax dodgers.

It will inconvenience their Wail, Express and Stun supporters, but those have been trained to blame foreigners and the EU, so their support will not waver.
 
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