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Pay up Pensioners - again

Drog

Administrator
Staff member
Electoral suicide given the number of 'silver tops' in the country. The Dementia Tax proposals before the '17 election blew an absolutely massive lead that the tories had over Corbyn's Labour to smithereens. Long term consequence is a much weakened hand over Brexit which is the last thing we wanted. Like sending up the Spitfires to defend these shores but with only half tanks of fuel.
 

Benjamin Kaynine

Senior Member
Interesting article on raising taxes on the wealthy and significant that its author, Lord Willetts, is a Tory. Now imagine the furore if Jeremy had written it........
 

davebirch

Senior Member
It's starting this side of the world too.
Governments are out to get you if you did the right thing and planned for your retirement, on the other hand if you pissed it all up a wall, we'll look after you.
 

Drog

Administrator
Staff member
Anybody dies penniless and they never leave em on the top do they?

So why save up for your own funeral?
 

chor808

Senior Member
Interesting article on raising taxes on the wealthy and significant that its author, Lord Willetts, is a Tory. Now imagine the furore if Jeremy had written it........
Does not make any difference who wrote it, they are planting the seed, what seems outragous today will be normalised later. Just look at retirement age creeping up all the time, 'why should you have to stop work at 65' they say sitting on their golden pension and job in the lords with free booze. The message is planted no matter where it came from, expect tax rises on the next generation of oldies.
 

Alan

Administrator
Staff member
I don't think any government dare to tax pensioners extra. It would precipitate being slung out on their ear ASAP.
No way did I scrimp and save all my working life to give some young graduate, who had already had £20k to £30k of public money loaned on a probably never pay back basis, semi to live in. Nobody gave me a bloody thing and I managed. They want it all given to them on a plate today.
 

chor808

Senior Member
I don't think any government dare to tax pensioners extra. It would precipitate being slung out on their ear ASAP.
No way did I scrimp and save all my working life to give some young graduate, who had already had £20k to £30k of public money loaned on a probably never pay back basis, semi to live in. Nobody gave me a bloody thing and I managed. They want it all given to them on a plate today.
Agree 100% Alan however it will happen, maybe not the 10k hand out etc..but I fully expect my generation (40s) to end up paying more and getting less. They are feeding the line to the masses, you watch first will be means tested government pensions, next will be NI payments after retirment age. This has nothing to do with party lines at all. The young have their youth, I'd swap 20 years for my house in a flash :)
 

Benjamin Kaynine

Senior Member
I don't think any government dare to tax pensioners extra. It would precipitate being slung out on their ear ASAP.
No way did I scrimp and save all my working life to give some young graduate, who had already had £20k to £30k of public money loaned on a probably never pay back basis, semi to live in. Nobody gave me a bloody thing and I managed. They want it all given to them on a plate today.

On the other hand you've probably done very nicely, free of tax, just by staring at the wallpaper. Time to give something back.
 
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Drog

Administrator
Staff member
Does not make any difference who wrote it, they are planting the seed, what seems outragous today will be normalised later. Just look at retirement age creeping up all the time, 'why should you have to stop work at 65' they say sitting on their golden pension and job in the lords with free booze. The message is planted no matter where it came from, expect tax rises on the next generation of oldies.
I think that is quite reasonable tbh. Both my parents started work at 14 as did most between the wars. The idea then was to for a man to work 50 years before he could draw his state pension. * Logic really but who the hell starts work at 14 now? I was 21 before my fisrt full time employment so if I'm expected to work until I'm 70/71 then it's fair enough isn't it? Even more relevant now with so many young people doing useless degrees (which will not see them earn more than if they hadn't done it) before setting off on some stupid gap year jaunt. Many of these buggers wont put anything into the state until they are 25! To expect a state pension after just 40 years employment is stupid! We aren't all bone idle greeks or public servants (similar thing really) are we?

Never mind our fre formed opinions though. One thing that will cock it all up according to this piece in the Gruniad .............
For a glimpse of the future, look to Greater Manchester, where the retail firm Shop Direct runs three big “distribution and returns” centres. It won’t for much longer, says John Harris. It plans to shift the operation to a new, fully automated site. And that would entail the loss of 1,177 full-time posts and 815 roles performed by agency workers. However, it’s just a tiny fraction of the job losses set to follow. Jobs in wholesale and retail account for 15% of UK workers, and the trade is rapidly migrating from the high street to vast automated “fulfilment” centres like the new John Lewis “campus” near Milton Keynes. A “deserted hall of clacks and hums”, it already employs 860 robots. In fact, over the next 15 years and across the UK economy as a whole, more than ten million jobs are estimated to be at risk from automation. It’s a trend that calls for a total overhaul of our welfare system, which “does almost nothing to encourage people to acquire new skills”, but rather works on the expectation “it can shove anyone who’s jobless into exactly the kind of work that’s under threat”. We’ve seen the future... but we haven’t even begun to plan for it.

John Harris / The Guardian



* (btw my Father only retired at 72 after working 58 years! I'd imagine only the Queen will have worked for more years)
 
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chor808

Senior Member
I think that is quite reasonable tbh. Both my parents started work at 14 as did most between the wars. The idea then was to for a man to work 50 years before he could draw his state pension. * Logic really but who the hell starts work at 14 now? I was 21 before my fisrt full time employment so if I'm expected to work until I'm 70/71 then it's fair enough isn't it? Even more relevant now with so many young people doing useless degrees (which will not see them earn more than if they hadn't done it) before setting off on some stupid gap year jaunt. Many of these buggers wont put anything into the state until they are 25! To expect a state pension after just 40 years employment is stupid! We aren't all bone idle greeks or public servants (similar thing really) are we?

Never mind our fre formed opinions though. One thing that will cock it all up according to this piece in the Gruniad .............
For a glimpse of the future, look to Greater Manchester, where the retail firm Shop Direct runs three big “distribution and returns” centres. It won’t for much longer, says John Harris. It plans to shift the operation to a new, fully automated site. And that would entail the loss of 1,177 full-time posts and 815 roles performed by agency workers. However, it’s just a tiny fraction of the job losses set to follow. Jobs in wholesale and retail account for 15% of UK workers, and the trade is rapidly migrating from the high street to vast automated “fulfilment” centres like the new John Lewis “campus” near Milton Keynes. A “deserted hall of clacks and hums”, it already employs 860 robots. In fact, over the next 15 years and across the UK economy as a whole, more than ten million jobs are estimated to be at risk from automation. It’s a trend that calls for a total overhaul of our welfare system, which “does almost nothing to encourage people to acquire new skills”, but rather works on the expectation “it can shove anyone who’s jobless into exactly the kind of work that’s under threat”. We’ve seen the future... but we haven’t even begun to plan for it.

John Harris / The Guardian



* (btw my Father only retired at 72 after working 58 years! I'd imagine only the Queen will have worked for more years)
I expect we are moving to a US/Canada model where you save and retire when you can afford it, state pension will get pushed out and tightend up. I started at 16, the current system does not take into account that so I could start my state pension after X years. It is still going to be 68 for me, no way I'm working till that date! I would not say it is bone idle or lazy to want to retire, once you have the money to do so go for it surley? I think your point is don't expect the state to pay for you at 55!
 

Drog

Administrator
Staff member
My major points of consideration are.....
a. how long will I be able to enjoy the fruits of my labour? e.g. holidays, leisure activities. No good being the richest man in the nursing home is it?
and
b. how long will I live for? I've a decent pension pot and there's the state pension but money is quickly spent these days. Be crap running out of money when it's too late to earn any more. I'd rather work longer (I'm fortunate here as my job's pretty much do as much or as little as I want these days) and not have to care what I spend on or want to buy. We seem to be spending more holidays in the UK at the moment and as a result I've an impulse to buy a VW Phaeton as a touring car. Stupid really as my own car is fine ... it's just that mine is simply a car whilst a Phaeton is a 'Motor car'.
c. Inheritance tax liability for the kids is a must avoid.
 

chor808

Senior Member
My major points of consideration are.....
a. how long will I be able to enjoy the fruits of my labour? e.g. holidays, leisure activities. No good being the richest man in the nursing home is it?
and
b. how long will I live for? I've a decent pension pot and there's the state pension but money is quickly spent these days. Be crap running out of money when it's too late to earn any more. I'd rather work longer (I'm fortunate here as my job's pretty much do as much or as little as I want these days) and not have to care what I spend on or want to buy. We seem to be spending more holidays in the UK at the moment and as a result I've an impulse to buy a VW Phaeton as a touring car. Stupid really as my own car is fine ... it's just that mine is simply a car whilst a Phaeton is a 'Motor car'.
c. Inheritance tax liability for the kids is a must avoid.
As an ex owner of a phaeton, don't do it. PM for info,if you want!
 

yoda

Senior Member
If the remoaners/snowflakes manage to tie us to the EU, which is their intention, then we should get the same pensions i.e. €350/week. I wonder if the Abbottcus can calculate that one.
 

Alan

Administrator
Staff member
On the other hand you've probably done very nicely, free of tax, just by staring at the wallpaper. Time to get something back.
You've gone to far this time! I've worked for every sodding penny I have accumulated and paid my taxes all my life. I'm still paying taxes on my pension that I contributed to myself, and nobody ever gave me a bloody thing. I deserve what I have and nobody is going to take it off me. Please don't insult me any more you don't even know me.
 

yoda

Senior Member
You've gone to far this time! I've worked for every sodding penny I have accumulated and paid my taxes all my life. I'm still paying taxes on my pension that I contributed to myself, and nobody ever gave me a bloody thing. I deserve what I have and nobody is going to take it off me. Please don't insult me any more you don't even know me.
So glad you replied before I did, If Jim and the other snowflake retards manage to tie us to the EU in some way, as I posted earlier, I want the same pension as the French and Germans. It should be the British voting public who determine what happens in this country, not some un elected Elitist Europhiles in the house of lords who have gone well beyond their remit.
 

Benjamin Kaynine

Senior Member
You've gone to far this time! I've worked for every sodding penny I have accumulated and paid my taxes all my life. I'm still paying taxes on my pension that I contributed to myself, and nobody ever gave me a bloody thing. I deserve what I have and nobody is going to take it off me. Please don't insult me any more you don't even know me.
Where is the insult Alan ? All I'm saying is you've probably done very well out of rising house prices (like everyone else) over the course of your lifetime - - free of tax. Is giving a little back too much to ask ?
 

Vinjay

Senior Member
He said he's paid his taxes not that there's anything wrong with exiles either since it's perfectly legal. If successful people emigrate to Australia, New Zealand, etc are they being selfish? If you want to give so much go to bloody church or become a missionary.
 
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