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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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:
Seeingwhatsreal · 28/10/2024 21:00

I’d rather see a health / care prioritising budget.

Carers allowance to be hugely increased and no longer a means tested / taxable benefit .

Free prescriptions for all. Free flu vaccinations for all. Weight loss medication criteria widened.

EmpressaurusDelleGatte · 28/10/2024 20:59

Mademetoxic · 28/10/2024 20:35

Sod the kids, there are other needy people around too.

I think the OP’s view is that people who don’t have kids and aren’t young themselves can just get to fuck. Regardless of whether they own a home, have savings or are completely dependent on one income.

Scammersarescum · 28/10/2024 20:55

What a horrible ageist post

Longma · 28/10/2024 20:55

This reply has been withdrawn

This has been withdrawn by MNHQ for breaking our Talk Guidelines. at the request of it's author.

Businessflake · 28/10/2024 20:53

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

Fucking love this!!

Floralnomad · 28/10/2024 20:52

YABU an and a bit ridiculous , why should the people who have paid in least get all the benefits of tax cuts etc .

Christmaschristingle · 28/10/2024 20:51

So do we think uni fees was a nail in the coffin for young as well?

Katypp · 28/10/2024 20:50

Am I correct in assuming you are a young family struggling to get on the housing ladder (or have children who can't buy a house)?
In other words, is this dream budget bespoke to your needs?

Gruttenberg · 28/10/2024 20:49

Number 1 is my favourite.

  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!

Or they can use that extra money to go on as many holidays and music festivals as possible (all my grandchildren would have done, as would I when I was young!)

SugarandSpiceandAllThingsNaice · 28/10/2024 20:47

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?

  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.
InformEducateEntertain · 28/10/2024 20:47

@MeowCatPleaseMeowBack well in Logans run it was 30. Maybe we should go for that. Would mean you could flip all those houses that the government had just helped The Young to buy.

PandoraSox · 28/10/2024 20:46

Moier · 28/10/2024 20:40

You do realise that Stammer and the labour party is in power?
You're not ever ever going to get all that.
He's only out for his own gains.
Made false promises in the run up to the election....my family and friends who voted Labour are all now regetting doing so.

Who do they wish they had voted for?

Wn38475 · 28/10/2024 20:43

I don’t agree at all. Parents need to take responsibility, rather than expecting the state to look after them.

MeowCatPleaseMeowBack · 28/10/2024 20:43

InformEducateEntertain · 28/10/2024 20:39

A Logan's run setup with everyone over 50 being euthanised would effectively shift the focus back to the young.

That or a punitive tax on mobility scooters, wheely shopping bags and those walking sticks with little feet.

50 is a bit generous. What does a 49 year old have to offer society except an inheritance for Young People? They can't even produce more Young People. Total wastes of space.

WestwardHo1 · 28/10/2024 20:41

That bloody phrase "working people" again

All it's doing is stoking class wars as people squabble about whose money making is more worthy

Moier · 28/10/2024 20:40

You do realise that Stammer and the labour party is in power?
You're not ever ever going to get all that.
He's only out for his own gains.
Made false promises in the run up to the election....my family and friends who voted Labour are all now regetting doing so.

InformEducateEntertain · 28/10/2024 20:39

A Logan's run setup with everyone over 50 being euthanised would effectively shift the focus back to the young.

That or a punitive tax on mobility scooters, wheely shopping bags and those walking sticks with little feet.

Miley1967 · 28/10/2024 20:37

Things are just dire for young people aren't they. I have two at Uni, their loans don't even cover their accommodation and one cannot get a job, nowhere wants to hire him for half a year in his Uni town. It's depressing. DS1 is doing ok on 30k a year and his gf on 40k but they can't afford to buy in the area they live in. My NHS lump sum will be divided between the four of them to help them onto the housing ladder, so I hope I don't get taxed heavily on it.
I really would like to see a budget which helps younger people.

TwinklyAmberOrca · 28/10/2024 20:37

If you make people pay to see a doctor it'll put people off going for things that could have been fixed more easily if they'd gone earlier but waited until it got really bad.

In some countries you pay to see a doctor then can claim it back.

Those on high incomes often don't bother claiming it back. It also is more likely to deter time wasters as if you don't turn up you can't claim it back (unless you had a very good reason)

Christmaschristingle · 28/10/2024 20:35

Why not just raise the threshold when tax kicks in to a livable level? Minimum 15 grand maybe 16?

That would instantly target the lowest paid no matter what age they are.

Mademetoxic · 28/10/2024 20:35

Sod the kids, there are other needy people around too.

MeowCatPleaseMeowBack · 28/10/2024 20:35

With this depth of thought, you could have been part of Liz Truss's cabinet. What a waste.

DaniMontyRae · 28/10/2024 20:34

So I should pay stamp duty (c.10k on a terrace home in my town) because my ovaries don't work properly? Fuck you. Already having to pay tens of thousands on ivf if I went that route then more on stamp duty. Can't decide if you are heartless or just thick.

Oh, and I'm not a cash buyer. Not even close. But someone with kids could well be.

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
onlyk · 28/10/2024 20:31

A higher personal tax allowance so people have an amount they can live on before tax ( benefits pensioners, part time workers and people on lower wages) and start the higher rate lower to compensate. People on low incomes wouldn’t then have to rely on benefits as much.

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