To think that older, wealthier people should be paying more tax and NI than younger?

[Creambun2]

So various suggestions, which will probably come to nothing, that young people should pay less tax and national insurance than than older people, presumably with a links to actual incomes maintained.

What do you think? I am in favour as I think that young people are being done over really. Unaffordable housing, educations expenses etc etc.

Of course according to many boomer types this is all their fault and they have no money for housing due to buying a coffee and having a phone

Maximum of 15 years old age pension with no warning?? Whaaaaaa????

What are we gonna do with people who live longer?

I think people should be entitled to a maximum of 15 years' old age pension. If you live any longer, you fund from savings or equity in house. And this should be immediate, not phased in so older pensioners are again winners.

So those that live longer what are your plans then exactly? Those that don't have savings or it's been spent on care. What then?

Immediately? Won't happen.even Corbyn and McDonnell wouldn't go for that on a million years.

I'm not sure why you are starting an argument with me lentil but are you trying to prove my point? There is no point blaming me for the situation or moaning to randomers on the internet. You could join a political party, raise a petition to parliament setting out your solution to it all or anything else other than whinging.

The 'You' refers back to the person addressed in the first sentence.

Wax, nobody is expecting you to 'do' anything. Your DC are lucky, many have no support at all from parents so are buggered unless they go and live in Middlesborough.

I work with younger people (university) and their lives are harder than mine ever was (or than my parents' lives were), they have little hope of things improving either. Then I come home to a village full of wealthy pensioners who witter on about 'snowflakes', the men retired at 55, the women never worked. It is hard not to respond to the contrast and the ignorance.

😂😂😂😂😂

I actually do live near Middlesbrough that's so funny

* I think people should be entitled to a maximum of 15 years' old age pension. If you live any longer, you fund from savings or equity in house. And this should be immediate, not phased in so older pensioners are again winners*

What about people with no savings and who don’t own their own home? Line them up and shoot them?

Do you always talk out of your arse?

When did people become so selfish that the thought of funding the more vulnerable members of society is abhorrent to them? Yes, pensioners are more vulnerable as it isn’t possible for them to bring in an income. Also the pensioners that rely on the state pension are the poorest so this wouldn’t actually affect the more wealthy ones all that much.

I think the issue is that children's futures will not be determined by how hard they work, how clever/educated they are or even how well paid their jobs are. Whether your parents had property & what you inherit will affect your prospects massively.

I agree with that Fafoutis but actually those people were just living their lives, not intending to muck it up for the younger generation, no-one has a crystal ball.

My DC will be the first from our family to be afforded the luxury of university straight from school. DH and I were poor enough to have benefited from govt support at the time, but that wasn't enough as our wages were needed to support the home. Although we are bang-on average in terms of income, it means our DC don't qualify for anything - that's just the way it is. We've given up lots of things that DH and I would have liked to try and make our DC more secure than we were and also to hopefully give them better earning power at a younger age than we did.

I can't make other parents do the same and I'm not saying that ours is the only right way either. At the end of the day I'd walk over hot coals for my DC, as a family we've always contributed to society, I don't know what the solution is, but it really isn't fair to lay the blame at ordinary peoples doors.

Can I get a whoop whoop for Whoopwhoop

I'm from up that way!
Actually, I bet you don't see this attitude from wealthy pensioners up there, north east nanas are generally lovely in my experience.

Unfortunately I see this attitude all the time. Especially my grandma and fil, they've worked really hard for everything they have and I don't begrudge them any of it but their attitude is appalling towards the young, but they have both also helped us out financially over the years so maybe they do get it.
They can't seem to see that we have been able to get a home not because we've worked hard but because they have helped us, and yes we have good jobs but we work no harder than anyone else.

We also bought our house in a dip in the market and in the five years since we've bought it it's value has increased 25%, a lot of utbcomes down to luck.

Calm Dow, it was just a vague idea about the 15 years... although Logan's Run does have a certain appeal... pil in nursing home both with severe dementia. All their savings gone and house has been sold to pay for care. They don't know each other or their dcs. But jogging along in otherwise good health. There will be hundreds of thousands coming along behind them as people live longer, healthier lives, but with failing brains.

I agree that inheritance will be the future life chance. My friend has just inherited £1.7 million due to her dm having had a (fairly ordinary 3-bed) London house. You could be the cleverest, hardest working person ever, but if your parents are leaving you a semi in Gt Yarmouth (or nothing because of care home fees) then you're just not in the game.

Actually, most people don't live in the naice leafy villages of the Home Counties where men retire at 55 and wives were all SAHPs. I don't see too many like that around here, either (except perhaps in the South Hams and where incomers probably moved from the Home counties to afford the properties).

See I find that quite distasteful, what a horrible way to have to live with one eye on your inheritance. It's so messed up.

their attitude is appalling towards the young This is the problem. They vote based on that.

Midlands has plenty of wealthy pensioners too.

At least I don't have an inheritance to worry about!

I also don't expect my DC to either, I'm hoping that when we sell our house and get a little flat, they will get most of what we have then and the likelihood is that the value of whatever we buy will go to pay for care homes unless we just drop dead one day before it gets to that point - we are not a long lived family on either side.

next job is to pay for our funerals in advance - that's going to be a cheery purchase.

I don't think the value of our house would buy a parking space in London though :)

It's not compulsory to have to live waiting for the inheritance. But inevitably there will be winners and losers, and some in between. I know people on every side of the picture and, without exception, all want to do their best for their families while they are of sound mind. But dementia is unpredictable; for every person who keels over and dies suddenly, many more will fade out over a lengthy twilight that soaks up any family money. A sort of cousin's father who developed early onset dementia remained in robust health well into his 90s, and the care home fees absorbed the proceeds of both spouses' family homes.

It's easy to make assumptions about generations.

Midlands has plenty of wealthy pensioners too.

It also has plenty that are anything but.

but their attitude is appalling towards the young

As is some of the young to the old.

That's the problem. These arguments go round and round in circles.

My attitude has never been appalling towards them it's completely one sided

My attitude has never been appalling towards them it's completely one sided

I didn't say you were.

I don't see that though. You just don't hear the younger generation saying negative things about the boomer generation, and they don't have the Daily Mail to perpetuate negative ideas either.
The people looking critically at the older generation's attitude (journalists, writers etc) tend to be boomers themselves or generation X.

Can someone please explain to me why people of my age (early 50s), having struggled hugely to get on the property ladder back in the early 90s, with things only just about to ease slightly when the kids finish at university in a couple of years, should now suffer increased taxes to pay for someone else to buy a house?

I don't think anyone is taking the OP seriously octopus. It's far too vague to talk about properly as a policy.

I think the issue is that children's futures will not be determined by how hard they work, how clever/educated they are or even how well paid their jobs are ... Whether your parents had property & what you inherit will affect your prospects massively

I agree with the second part but am not so sure about the first; the danger here, surely, is that it encourages the "no point in even bothering" mentality