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To want a budget which puts young people and families first

385 replies

HFJ · 28/10/2024 19:59

In advance of an upcoming budget that will likely hammer working people (again, despite the rhetoric), I’m consoling myself by imagining my own budget. You’ll notice a theme. This is because I believe young people and families are the future, deserve to have hope, aspirations and goals. Please feel free to contribute.

  1. The first 5 years of young people’s full time earnings to be tax and NI free. This would enable all to save for a house deposit, rather than only the few who inherit. Imagine the incentive to work hard!
  2. No increases to any tax that primarily affects working age people, including fuel tax (because working people need fuel to go to work)
  3. No stamp duty for young people and those with children under 18. This enables them a fairer chance of buying property rather than have to compete unfairly with cash buyers
  4. Complete removal of the pension tax free cash allowance. This is because 100s of 1000s are poised to take their 25% lump sum and plough this into the property market (tbf I think the gov has got wind of this, hence the landlord tax changes)
  5. instead of massive increases to NHS budget (which does not really benefit the young or families), a £10 charge to see the doctor, so people start to take ownership for their health
  6. Removal of the free prescription for over 60s. Instead, use this money to bring back the school nurse and perhaps even school dentist visits

Any other ideas?

OP posts:
Houseplanter · 28/10/2024 21:55

Why are young people and families more important than any other part of society OP?

Floralnomad · 28/10/2024 21:47

username1478 · 28/10/2024 21:42

Are you saying that the 'have nots', many single mothers, people with disabilities, people from deprived backgrounds for example, are responsible for not having much?

No not at all , I’m all for a fair benefit system and have a disabled adult child but it has to be fair for everyone not just the disadvantaged otherwise what would be the point of anybody working and trying to better themselves .

Kendodd · 28/10/2024 21:47

I think the one thing the government could do to improve the lives and future of a great many citizens would be a massive council house building programme.
Really good quality, spacious homes with affordable rent. And I would put key workers, including higher income ones, at the top of the list, first to be housed, but ultimately there should be enough for everyone who needs/wants one. It would also be an income generating asset for councils.

Oscarbravoromeo · 28/10/2024 21:46

This reply has been withdrawn

This has been withdrawn by MNHQ for breaking our Talk Guidelines.

Batmannequin · 28/10/2024 21:46

Genuinely wondering why it's a bad thing for people to plough their 25% into the property market? It would certainly help the housing crisis we're currently facing in the UK.

Pickandmixmood · 28/10/2024 21:44

Complete removal of the pension tax free cash allowance. This is because 100s of 1000s are poised to take their 25% lump sum and plough this into the property market (tbf I think the gov has got wind of this, hence the landlord tax changes)

This is completely unfair as people have paid into their pensions on the basis of 25% tax free lump sum.

username1478 · 28/10/2024 21:42

Floralnomad · 28/10/2024 21:38

You cannot equalise the haves and have nots because individuals make their choices and live very differently . Some people save , some people spend it would never work .

Are you saying that the 'have nots', many single mothers, people with disabilities, people from deprived backgrounds for example, are responsible for not having much?

SereneMintHam · 28/10/2024 21:40

Also, do we really believe that current and previous governments haven’t intentionally structured our society this way?

They didn’t just sleep walk into this. It wasn’t just suddenly realised ‘oh housing, is so expensive now, how did we get here?’ This has been created, it’s one of our main economies in the uk. The amount of wealth it’s creates, is pretty staggering. Why else would it be sooo expensive? Because people need houses. This was started back in the 80s with good old thatcher selling off stock and not replacing it. And sorry the answer is not to build more houses, we have enough housing, where do you currently live exactly? It’s just you have no control over how long you can stay there or how affordable it is. And guess what, why would the government change this, they make sooo much money themselves from this? They won’t because it will affect investments. The very thing, funding pensions. The changes to no fault eviction was almost pointless. The landlord can still boot you out when they want to sell. I’ve privately rented 6 houses, 4 of those I had to move because they wanted to sell, the other two, I moved on from one and currently living in one of them. It’s madness, but it isn’t going to change.

it won’t ever be affordable unless you have inherited wealth, we need to get over this let’s buy a house dream. It just ain’t gonna happen, unless you have inherited the wealth, which there is a lot more of now thanks to the boomers, once they die off and that won’t be long. They’ll be coming for that and more. Which is where I see this government raising their money from. No one else has any real money left.

Floralnomad · 28/10/2024 21:38

TomatoSandwiches · 28/10/2024 21:16

I would welcome any government that created a fair means testing programme to equalise the haves and have nots.

No one looks or plans for long term it's always hot takes that get votes, it doesn't work, it hasn't worked for a long time their needs to be a complete restructure from the ground up please.

Edited

You cannot equalise the haves and have nots because individuals make their choices and live very differently . Some people save , some people spend it would never work .

PotatoBreadForTheWin · 28/10/2024 21:25

MrsTerryPratchett · 28/10/2024 20:08

No stamp duty for young people and those with children under 18.

That's probably the vast majority of home buyers. It's all very well not wanting working people taxed, but working people are the people with income to tax!

This. The workers are the ones who earn the jncome for taxing! Your list of options looks fairly naive OP.

buffyspikefaith · 28/10/2024 21:25

I'm on min wage with chronic health conditions
In October I've seen the GP 3 times and no I don't have a spare £30

edwinbear · 28/10/2024 21:24

EmpressaurusDelleGatte · 28/10/2024 21:21

Kittens are the future.

Tbf I’m voting for Larry the no.10 cat next time.

ChardonnaysBeastlyCat · 28/10/2024 21:23

username1478 · 28/10/2024 21:20

I'd have to think as it may distract from creating the future.

You’re quite right there.

XxSideshowAuntSallyx · 28/10/2024 21:22

HFJ · 28/10/2024 19:59

In advance of an upcoming budget that will likely hammer working people (again, despite the rhetoric), I’m consoling myself by imagining my own budget. You’ll notice a theme. This is because I believe young people and families are the future, deserve to have hope, aspirations and goals. Please feel free to contribute.

  1. The first 5 years of young people’s full time earnings to be tax and NI free. This would enable all to save for a house deposit, rather than only the few who inherit. Imagine the incentive to work hard!
  2. No increases to any tax that primarily affects working age people, including fuel tax (because working people need fuel to go to work)
  3. No stamp duty for young people and those with children under 18. This enables them a fairer chance of buying property rather than have to compete unfairly with cash buyers
  4. Complete removal of the pension tax free cash allowance. This is because 100s of 1000s are poised to take their 25% lump sum and plough this into the property market (tbf I think the gov has got wind of this, hence the landlord tax changes)
  5. instead of massive increases to NHS budget (which does not really benefit the young or families), a £10 charge to see the doctor, so people start to take ownership for their health
  6. Removal of the free prescription for over 60s. Instead, use this money to bring back the school nurse and perhaps even school dentist visits

Any other ideas?

Don't single people matter? Or is it just people with children and the young that should get help buying a house?

I know we single, childless people are the bottom of the pile and second class citizens but you know we struggle more than a couple with children do getting on the property ladder as we only have one wage.

Also as someone that through no fault of my own has had to see a doctors several times in the past two years it has nothing to do with not looking after my health, my body decided to say "fuck it, I'm going to put her in chronic pain" it wasn't caused by anything I did. Also people can't help being born with certain conditions so all those would have to pay under your scheme too?

EmpressaurusDelleGatte · 28/10/2024 21:21

username1478 · 28/10/2024 21:20

I'd have to think as it may distract from creating the future.

Kittens are the future.

username1478 · 28/10/2024 21:20

ChardonnaysBeastlyCat · 28/10/2024 21:17

May I add a free puppy to the list?

I'd have to think as it may distract from creating the future.

ChardonnaysBeastlyCat · 28/10/2024 21:17

username1478 · 28/10/2024 20:33

I would go further:

  1. A supermarket sweep once a week where young people can get whatever they want for free.
  1. If you're over 50, young people can kick you out of your house as you're old.
  1. All old people (over 50) have to crowdfund for overseas holidays for young people as they're the future.
  1. Free coffee at all cafes so young people are alert enough to create the future

May I add a free puppy to the list?

TomatoSandwiches · 28/10/2024 21:16

I would welcome any government that created a fair means testing programme to equalise the haves and have nots.

No one looks or plans for long term it's always hot takes that get votes, it doesn't work, it hasn't worked for a long time their needs to be a complete restructure from the ground up please.

SereneMintHam · 28/10/2024 21:14

I really wish op that it was quite that simple. It really isnt. Whatever is to come, I just hope that they put into place a universal standard for all kids, free school meals for all, after school clubs, at primary and secondary school, free transport, school nurses/possibly even dental clinics. no matter the earnings of the parent, all children deserve a high level of health care and education until the age of 21. It isnt just the responsibility of the parents, it’s should be and should have always been shared responsibility amongst our communities that we all raise our children to certain standards. No one after all is bette than anyone else.

I have accepted that things will never get better for me, because the system has always worked against me and my personal circumstances. I’m sure a lot of people feel the same way.

Anything the government says is going to fix our current issues will take years and years, and no one of my generation and personal circumstances are going to benefit in any way are they. Just a lot more and worse of what we have already got. It’s sad but it’s true. Anyone who believe otherwise is delusion/very naive.

Mademetoxic · 28/10/2024 21:11

TerrysNeapolitan · 28/10/2024 21:08

Thanks sick of the "families" thing - have one if you can afford. Paid tax all my life never entitled to a damn thing. And never will be.

👏

edwinbear · 28/10/2024 21:11

Does 1) include all the graduate lawyers/investment bankers, joining magic circle law firms and Goldman Sachs on £120k a year? 🙄

TerrysNeapolitan · 28/10/2024 21:08

GOODCAT · 28/10/2024 20:26

Disagree entirely. It needs to be fair to everyone of all ages and wealth levels and whether people have children or elderly relatives or not.

Thanks sick of the "families" thing - have one if you can afford. Paid tax all my life never entitled to a damn thing. And never will be.

VeryCheesyChips · 28/10/2024 21:07

I think overall your suggestions are quite short sighted & unrealistic but the worst idea you’ve had has to be the paying to see a GP. There’s been times in my life that myself and, much more importantly, DC would have just gone without medical care if that was the case. That seems to go against your ‘fuck anyone over the age of 40 and give the kids unlimited access free ice cream’ ethos.

uhOhOP · 28/10/2024 21:00

SugarandSpiceandAllThingsNaice · 28/10/2024 20:47

  1. Great, so young people will have to work for 40 years full time to qualify for the state pension as the first 5 years of working full time they can’t pay NI contributions. Add in motherhood and you’ve pretty much guarenteed no young woman who wants to be a mother will ever get full state pension.
  2. I disagree with “working age” people for no tax increases because that includes the so rich they don’t work but are under age 67 cohort. Also, it’s unrealistic.
  3. I’d rather see no stamp duty and capital gains charged when you sell your home. Having any stamp duty to buy is a barrier and is making it difficult to buy a home. There are also many people who have lost their homes due to economic and personal crises and now they can’t even qualify for help like first time buyers always do.
  4. This I agree with. Instead all pension income should be taxed like any annuity. The tax free lump sum is encouraging people to endanger their retirement security.
  5. The increase to NHS budget would certainly benefit the young and families. Prenatal care, childbirth, vaccinations, child check ups are not cheap and your taxes are covering you plus children compared to what a single person pays. Young people are also more likely to suffer sports injuries, broken bones, and overdose. A £10 charge to see the doctor would only penalise the disabled and those with chronic health conditions who are the most likely to be in poverty. Also, studies done on countries that do charge, have found that this doesn’t cause “ownership of health” but for the poorest to go without healthcare and an increase in excess deaths. Imagine a mum with a poorly toddler deciding they can’ go to A&E or call the GP because that £10 is needed for petrol to go to work. The toddler then dies. That’s what happens.
  6. I agree with removing free prescriptions by age. They should be free for everyone. It’s not like people decide they need a prescription, a doctor decides.
Edited

Obviously OP meant that "young people" shouldn't have to pay NI for the first five years of earnings, but everybody else should pay yet more tax to ensure the "young people" still get their contributions for those years so they won't have to work into old age, the poor lambs.

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