To want a budget which puts young people and families first

[HFJ]

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?

Don't take things so literally.
I'm older, I voted Remain (went on the marches and everything, along with plenty of other older people). Doesn't change the fact that older people voted Leave and we have them (us) to 'thank' for Brexit. My head doesn't explode if someone points out that older people voted Leave and younger people voted Remain, because its true.

I also recognise that as a group, we've had a much easier ride through life than younger people. We've also been constantly favoured, over other groups by politicians.

Inheritance tax isn't 40%
For 96% of estates it's zero.

Yes. The control of the large housebuilders has to be broken. I would do things differently. For example, I would have the local council build the roads and put in the utilities for a new area of housing, and then sell individual building plots on the site to people wanting a home, who could then choose a design and a builder to build it for them.

I'd also find a way to have councils build houses directly (as they used to), and various other changes. The big housebuilders have no interest in massively increasing the rate of housebuilding, because they have no interest in seeing house prices go down.

We're not going to agree.

My head doesn't explode if someone points out that older people voted Leave and younger people voted Remain, because its true.

Youre brave! 😆

I agree completely. A lot of folk on benefits will get a big shock when they have no children at home. Single people get a really raw deal IMHO.

You get reduced council tax? 🤷‍♀️

Whoopee

I've lost count of the amount of posts on Facebook groups about the youngest child coming off the UC claim and the parents losing so much money. They lose their work allowance (£404 for those who rent, £673 for those with no rent costs) plus the money they get for their child.

Isn’t 2005 back when milk cost 50p, what a joke