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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

... to not think this is a fair tax rise

5 replies

Imchlibob · 01/07/2018 22:51

If there's already a thread on this please let me know a link and ignore this one.

Just heard on radio4 that a cross-party commission of MPs is recommending that to pay for adequate social care for disabled and extremely elderly people there needs to be more tax (so far so good. Yay) and that the best way to increase the tax revenue needed is to increase income tax for people aged 40+.

AIBU to think this is incredibly unfair. Compare (i) a couple in their 20s or 30s with no kids and an ok combined income, not in receipt of any benefits and renting their home. (ii) another couple with the same income but over 40 and with a couple of kids, renting a larger home because of the kids. What on earth makes couple (ii) better able to pay more tax than couple (i). Age is simply not a reasonable criterion for paying more tax.

Yes we need to pay more tax, absolutely. This idea to make your 40th birthday the trigger to start paying for it isn't right though. No one is going to suddenly get more resources to be able to pay more tax the day they turn 40.

Tax needs to be on those who can afford it. Why is there this fear of taxing higher wealth and income across the board rather than arbitrarily taxing a 41 year old who is going to be no wealthier (and could be poorer) than a nearby 39 year old.

OP posts:
ImSuchABigIdiot · 01/07/2018 22:54

I completely agree - YADNBU!! It’s crazy to decide this on age - as you say - when how much tax people pay is already decided on how much they earn. What a bonkers plan Shock

hettie · 01/07/2018 22:56

NEVER going to happen....."heard it on radio 4"!Are you some policy wonk trying to gauge public opinion? Or A Labour party loyalist trying to start an internet meme?

ConstantlyCold · 01/07/2018 22:59

Taxes definitely need to rise.

I’m not sure about the over 40 thing. I guess the idea is that they will have more money than a person in their 20s.

I think you are right tax people based on their income not no need to take age into account.

They need to increase the amount of tax self employed people pay.

Imchlibob · 01/07/2018 23:05

Heh. I was accused of being a marketing bod for palm oil the other day too. Feel free to advanced-search me.

This was on the "moneybox" programme broadcast this evening - I expect it's available from the radio iplayer - and tbh it could well happen as cross-party commissions are used to create policy plans that are agreed across all parties so that they can get implemented with confidence that they won't be countermanded after the next general election.

OP posts:
Imchlibob · 01/07/2018 23:14

BBC News article

Independent Article

OP posts:
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