TO think Millennials need to get their act together and

[brownmouse]

Form a political party:

• stop Brexit
• prioritise housing
• impose at least 50% tax on all inheritance
• impose second home taxes

And other stuff. But they should be IN CHARGE now. They need to rise up and sort things out.

I keep telling my DC but they are too busy on instagram. AIBU?

user1457017537
True. In Scotland, where we gave a higher tax rate, a gross salary of £50k is just under £37k after tax and NI. Still good, but still...

The difference between net and gross for a household is even more if there's one person earning most of the money. Two people on £25k would keep more of it. (Not saying that's not fair, just making a statement!)

RedToothBrush: well said on all counts.

Have you heard of Angela Merkel?

Don't be such an armchair general brownmouse. Do something real! You are not past it!

OK, so you genuinely believe people want to vote for a smooth young man, like Macron or Trudeau, well, you can still organise, be a key influencer of policy, etc. Macron and Trudeau have plenty of old fat grey women and men working with them.

Set up the party today. Put out adverts for a media-friendly leader. You are chief advisor. Why not? You are clear on what you want and angry that nobody else has done it yet. Go for it. This is how movements start.

I wouldn't vote for your party but I wholeheartedly support the creation of your party so people get the choice to vote for it or not.

OP, are you from Venezuela? The magic money tree is not real!

You are a monumentally goady idiot, clearly just on a wind up. Is there not enough ACTUAL unrest for you to get on with? FFS.

Got enough on my plate soz trying to get a mortgage, equal pay and yada yada

I was born in 1979. What am I?

A microwave?

I'm a millennial. I don't want a 2nd home tax. We live between two different cities due to work requirements and I'm buggered if I'll campaign to pay even more tax due to the requirement we have to have a split base.

I'm a millennial. I'm 34. Did you not mean me, op? Because I work full time, I'm bloody busy. I can't be going around forming parties at the drop of a hat.

I think house prices are due to fall, or at least not increase at the rate they have been.

Whatwouldcoachbombaydo I live in a bit of a weird area, where the house prices are high (for the area, low compared to SE England), but people who are from the area are unable to buy without either maximising their LTV or taking out their whole borrowing potential based on their salaries. Which is where help with deposits from family comes in, even in cases of Help To Buy where theoretically you only need to save a £7k 5% deposit on a 2 bed new build terrace. Wages aren't very high either compared to some places, especially London, which limits borrowing potential from the off.

I agree - I think there's confusion as to what a millennial actually is. I think the whiny stereotype stuff is more applicable to the post-2000 generation

They were all at Glastonbury with Corbyn and Tom whatson don’t you remember the pictures of them shocked in wellies

@Lulujake1 old...?

Lol only joking 😂

millennials will be in charge when they are middle aged.
They'll reap the benefits in inheritance unless some daft sod taxes it even more.

OP, what will you do personally to remedy this inequality other than get people frothing on an Internet forum and nag your children....?

I’m apparently a millennial. Who knew? 🤷🏻‍♀️

I am: Financially solvent, no student loan left to pay, home owner, degree educated, with no parental handouts, surrounded by peers in similar situations. I worked damned hard to get here and the government can keep its hands off my cash.

I don’t like Brexit (prefer to have free movement) but I don’t want 50% inheritance tax. The NHS is unsustainable and I’d rather we had something akin to the German system. And I’ll be the one paying for my parent’s social care in their decrepitude.

They’re too busy eating at restaurants that serve ‘small plates’ for £20

Don't think a referendum should have been so binding

It wasn't. It had the legal power of an opinion poll, but that's certainly not how the public perceived it.

impose at least 50% tax on all inheritance
You work hard all your life, breaking your back to build up something you can give to your children and you want the government to swoop in and confiscate at least half of it?
Well F that, I will make sure I have give away as much as possible and spend the rest before I die on cruises and holidays. The government can then foot the bill for my care in old age and the cost of my burial. See how that works for you then.

No one wants a gray, fat middle
Aged woman in charge
Mrs May may be a lot of things but she is not fat!
missespoint

Brownmouse, in words you would understand, and in stereotypes to make sense to you: Not eating avocado toast.

Seriously, saving for years. They started working when they turned 16 and they have been massive savers. They had 200k as deposit. Invested very well and made a lot of money on the stock market.

Sort out the housing shortage, house prices will come down and far fewer people will pay IHT anyway.

People even older than me, who have seen the value of their properties rocket through no effort just sheer luck, then complain that their families will have to pay IHT on this unearned and undeserved profit. They’ll still inherit a tidy sum (and perpetuate the massive level of inequality) for doing absolutely nothing but being born to someone who owns a house.

It has always baffled me that we have to pay higher tax rates on money we earn than on money we are just given for nothing.

Walkingdeadfangirl sounds like a plan to me. Count me in! Why should I give the government my and my husbands hard earned assets.

but how does a 200k deposit buy you a 650k house if your income is 65k, or is their income higher?

I would argue that a 200k deposit is probably not the norm particularly if only achieved by saving

Its not like we didn't pay taxes on the money when we earned it, we payed taxes on the money when we used it to by a house... So any inheritance has already been taxed to death about 3 times before we pass away.