Page 34 | Gutted about NI rise

CarryOnNurse20 · 2021-09-07T09:46:07+00:00

I know we need it and we have so much money to pay off. But we have been scrimping and saving after a hard couple of years. Every penny is accounted for from pay day to pay day. I’m a nurse and my pay has been capped/below inflation my whole career. And now the NI rise means any savings etc we have made will now be gone. I’m gutted.

viques · 07/09/2021 21:35

@Whycangirlsbesonasty

I may be naive and insensitive but why on these boards are there regularly people talking about all the pensioners living off the state pension? Were these pensioners not able to work and save? Did they have a workplace pension? What proportion of pensioners is this?

I am under no illusion that there will be a state pension when I get there in 30-ish years time. I am budgeting for it to be no more than about £10 a week max no matter what we pay in now.

A lot of people don’t have private pensions, either because their employers didn’t offer them and they didn’t earn enough to make it worthwhile taking one out without employer support, or because they didn’t understand or see the need for it, or even worse, because they opted out of good company schemes. I used to plead with young teachers not to opt out of the teachers pension, but many did because they wanted the cash in their pocket. I would tell them this is the only financial freebie you will ever be given, don’t throw it away.......

TreadSoftlyOnMyDreams · 07/09/2021 21:37

Haven't read the full thread at all, sorry.
I'm a higher income tax payer. I'll gladly pay it if is used well where it should be used.

I fear it will be used to clear the waiting lists (through privately owned companies) and magically there will then be a tax rebate in time for the next GE where the saving will be so significant if will be a huge vote winner. They appear to have already just handed the CAG to the NHS to do so but I need to do my research but I'd stand over that statement.

Let's face it, naught but a huge Tory revolt will bring down the current govt and anyone who thinks they are not already planning for the next GE is an utter moron.

A sensible conversation about the scale of services desired versus budget is in order. They will never meet in the middle but we are miles off any sort of happy medium right now. The scale of this tax increase should also be to bring social services out of local control so budgets are equitable at least. A degree in economics or more to work out a fair way of distributing help nationally where local issues are less attributable to deprivation and more to lifestyle choices ... who knows!

Millicentsparty · 07/09/2021 21:44

@TreadSoftlyOnMyDreams. To be fair they've already said they're going to be using it to try and get the waiting lists down.

I'm happy to condemn this scheme but where are the alternative ones from anywhere else? Something has to happen.

XingMing · 07/09/2021 21:47

But it's £1k per week for DMIL. It covers the equivalent of rent, heat, light, water, food PLUS cleaning the carpet when her bowels misfunction sometimes daily or more. Providing food when she wants it, which often is not at meal time and while she eats like a sparrow, she's picky. She needs encouraging to drink enough water, and prompting to take her medication or prevent double dosing.

It's an unhappy and very costly balance being old. DMIL (and I am very fond of her) is 92, looked after DFIL devotedly and nursed him through. Once he went, 15 years ago, she expected to follow him without a long delay. Except that here she still is, clinging tenaciously to life and hating it, toothless, demented, unable to recall what she chose for breakfast or that BoJo is PM but still clever and funny short term and needing more intellectual stimulation than any NMW carer is ever likely to offer her. I promised to take her to Dignitas when she was ready, before the dementia kicked off, as she wanted to die when she was "past it". We and she know that she would prefer to sail off, but her corpus is in better shape after 18 months being cared for than it has been for years. Because her GP has never met her face to face, it's an assessment based purely on her biostats.

Brokensunflower · 07/09/2021 21:51

It’s an extremely unfair way to raise money. It makes my blood boil that very wealthy pensioners will not be paying anything towards this.

They are wealthy because they worked hard, saved hard and were taxed on their income once already.

weresouth · 07/09/2021 21:53

They are wealthy because they worked hard, saved hard and were taxed on their income once already.

So the ones now in poverty and needing pension credit didn't work or save hard?
My parents are wealthy because of house prices increases.

Allycott · 07/09/2021 21:54

[quote weresouth]@Allycott why do you not believe that some people want a better system? We have high incomes & expensive london property but I recognise that a better society for all & increased social mobility also benefits me. [/quote]
Well since your bragging I have Two properties and a shit ton of cash in the bank - thanks to my lovely mom and dad who were born in the 1930s and basically didn't have a pot to piss in but for hard work and determination to better themselves. Why should all that they worked for be given up (if I need care)? I'm still working and will be until I'm 67 - 10 years. I want to do right by my kids and pass my wealth on. What's wrong with that?

Parker231 · 07/09/2021 21:54

@Brokensunflower

It’s an extremely unfair way to raise money. It makes my blood boil that very wealthy pensioners will not be paying anything towards this.

They are wealthy because they worked hard, saved hard and were taxed on their income once already.

Those on a minimum wage job also work hard but can’t save as there isn’t any thing left.

bagelsandoranges · 07/09/2021 21:56

"They are wealthy because they worked hard, saved hard and were taxed on their income once already".

I needed a laugh.

Vivana · 07/09/2021 21:56

NMW carer is ever likely to offer her.

Why don't you try and be a carer and see how hard it is. Trust me do you think we enjoy wiping up after people for nmw. I'm a trained HCA it's not all about changing pads are cleaning false teeth.

Your attitude stinks

Allycott · 07/09/2021 21:58

@weresouth

Passing money down the family later in life isn’t helpful or conducive to a well working society

This is a really important point

Why?

Booknooks · 07/09/2021 22:00

Can they stop wasting money on stuff like Ajax, Warrior- that's hundreds of millions down the drain for nothing that could have been spend on health and social care.

NameChangeGoo · 07/09/2021 22:01

From an anonymous Tory MP today (FT):

"We are asking people on low incomes to pay more tax so that privileged kids can inherit expensive houses.”

Blossomtoes · 07/09/2021 22:09

@NameChangeGoo

From an anonymous Tory MP today (FT):

"We are asking people on low incomes to pay more tax so that privileged kids can inherit expensive houses.”

It’s indisputable, isn’t it? It’s absolutely shocking.

Mumsgirls · 07/09/2021 22:10

Don’t see why wealthy pensioners cannot pay Nat ins on generous pensions. The baby boomers are getting away with it again. I am one and it is unfair that my working children; are being clobbered. They will never retire early on fat pensions like a lot have done
Boris too cowardly to take this entitled group on

Allycott · 07/09/2021 22:13

@Livelovebehappy

And just because you are lucky enough to own your own home, doesn’t mean you’re financially comfortable. These retired people might be asset rich, but cash poor. They’ve scrimped the pennies together all their lives to pay a mortgage, as opposed to someone in council accommodation who pay low rents and get free everything. It seems it pays to not work and have everything handed to you on a plate, whilst others who work hard and own their home are punished. Madness.

This

weresouth · 07/09/2021 22:15

And just because you are lucky enough to own your own home, doesn’t mean you’re financially comfortable. These retired people might be asset rich, but cash poor.

Yes but plenty of people are being asset or cash rich & not because they are feckless.

echt · 07/09/2021 22:18

@Mumsgirls

Don’t see why wealthy pensioners cannot pay Nat ins on generous pensions. The baby boomers are getting away with it again. I am one and it is unfair that my working children; are being clobbered. They will never retire early on fat pensions like a lot have done Boris too cowardly to take this entitled group on

I imagine there would then be the problem of squaring this the removal of the triple lock and the proposed removal of free prescriptions.

Not that this would stop the government.

Pensioners on "fat pensions' already pay the same tax as those in work, so this could be a way forward.

Blossomtoes · 07/09/2021 22:18

It seems it pays to not work and have everything handed to you on a plate, whilst others who work hard and own their home are punished. Madness

Try living on minimum wage and saving for your old age and see how you get on. It seems to me that the wealthier people are, the less generous they are to the poorest in our society. That’s the madness.

lannistunut · 07/09/2021 22:19

@Livelovebehappy

And just because you are lucky enough to own your own home, doesn’t mean you’re financially comfortable. These retired people might be asset rich, but cash poor. They’ve scrimped the pennies together all their lives to pay a mortgage, as opposed to someone in council accommodation who pay low rents and get free everything. It seems it pays to not work and have everything handed to you on a plate, whilst others who work hard and own their home are punished. Madness.

This is total garbage these days.

If you are asset rich you are way way out in front - because the value of houses have risen many times more than wages have. This is increasingly true as you travel South-East.

The idea that anyone gets 'everything handed to you on a plate' is just completely detached from reality. The idea that homeowners are 'punished' is also nonsense.

Srtis · 07/09/2021 22:26

To be honest I think this is just the start.

Wait until the next steps come.

3cats4poniesandababy · 07/09/2021 22:27

Completely unfair putting it on NI. I would accept it going on income tax as the it would be fairer.

I am glad that the pension triple lock is being disregarded this year. And that an extra tax is going on divideds though.

I think it would be fair to maybe put a surcharge on care home fees as well. Say cap at £80,000 plus say £15000 a year if you have the capital. So it offers much discounted care home fees but still something. If people weren't in care homes they would be paying paying utilities, food ect so why can't they at least contribute if they have capital?

weresouth · 07/09/2021 22:30

To be honest I think this is just the start.

I don't think you're wrong

weresouth · 07/09/2021 22:32

Try living on minimum wage and saving for your old age and see how you get on. It seems to me that the wealthier people are, the less generous they are to the poorest in our society. That’s the madness.

This, what is wrong with people. Is it because they don't want to acknowledge their "luck" so have to believe that it's because they worked harder?

RubyViolet · 07/09/2021 22:32

@NameChangeGoo

From an anonymous Tory MP today (FT):

"We are asking people on low incomes to pay more tax so that privileged kids can inherit expensive houses.”

This really says it all.