Should pensioners pay more tax? Feat. Ann Widdecombe & Bobby Seagull | Jeremy Vine
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- เผยแพร่เมื่อ 4 ต.ค. 2024
- Shadow Chancellor Rachel Reeves has been criticised after appointing an advisor who once said that 'codger' pensioners were part of 'an under-taxed generation'.
Sir Edward Troop, a former head of HMRC, said in 2019 that baby boomers such as himself 'have had it ridiculously good' and should cough up more now.
Since his remarks, income tax thresholds have been repeatedly frozen. Around 650,000 lower income pensioners will be dragged into paying income tax as a result.
And this week, it was revealed that almost half a million OAPs are raiding pension pots early to cope with surging remortgage rates.
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#JeremyVine #tax #pensioners
Pensioners already pay tax on the state pension and any private pension get the facts right.
A pensioner on state pension only, thus no occupational pension, won't pay tax.
@@stevejones2310 the new pension for those under 70 is more than the tax threshold of £12500 py So yes taxable
@@jackmchammocklashing224 £12,751threshold
@@jackmchammocklashing224 I didn't know that. That's an outrage
The lower limit threshold for tax is £12750 so you don't pay tax if your pension is below £241.73 per week.The full state pension is £221.20 per week and the basic state pension is £169.50 per week, all below the threshold for paying tax
1 in 4 pensioners is a millionaire? Not in my bl@@dy neck of the woods they aren’t! 😂😂😂
They mean they live in a house which is worth a million or thereabouts. These scum have created the situation where house prices have shot through the roof and now they want pensioners living in their own homes to re-mortgage or sell. The last thing they want is for the capital gain in those homes to be passed on to the children of those pensioners. Only the super rich are allowed to pass on assets.
I think its property + plus the predicted value of the pension, but yeah still seems high
Some pensioners properties might be worth almost a million? Mine is worth almost £ 180,000 but the facts are we still live in our homes we still pay our tax if we are £ 1,000 over and we still pay our council tax plus an extra £40 and rising to have our grass cutting bins emptied because we own our own home. Stop pointing the finger at and blaming Pensioners who have paid into the system from age 15 to age 66. Substance Abusers are the biggest drain on our taxes and this was a choice that they made.Many of them haven’t worked a day in their lives and never will. We can’t help getting old we sincerely believed them when we were told that our National Insurance stamp would pay for our Pension which should have been paid at age 60. Never would it come into our mind to grudge our parents their Pension we were happy for them, after all they sacrificed a lot to bring us up.
Definitely not where I live.
Get fed up with goin on about pensioners.lot of us work from age 15 to over 67.work hard .sayin lot young ones find it hard .so did we got no hand out .worked hard only had what we cud afford.
Lowest pension in the western world & they want to tax that pittance. Disgusting.
that fact is always forgotten
ts not forgotten its deliberately not mentioned.
If you have only the State pension then you're NOT paying tax. Get your facts right.
Tax pensions people are struggling on the government pensions as it is .
@@OliverKitkat No they are not struggling, it's all social media nonsense.
As a pensioner who worked all my life and paid more than my share of taxes ( council , income , VAT , tobacco a alcohol etc ) I find this idea repulsive and disgraceful.
If you want the state to provide for you you should be prepared to pay tax. What makes you so special?
Actually you haven't, Explain to me how when you first started work compared to when you finished working the country has more debt and liabilities( like payment of your pension). While my generation you weren't alive to even have any say on the governments you created the problem have to pay the costs.
Pensioners have paid tax all there lives those who choose to live on benefits don't pay any tax just take
@@alanwhitehurst6538 pensioners are living on benefits too. Get 'em back in harness
@@stevejones2310 I'm not and put in for. 40 years
punished for being sensible. thats the lesson being taught by taxing pensioners more.
70% of pensioners voted for boris to drive the country off a cliff. and you expect us workers to pick up the tab and pensioners be immune. you cant keep voting and be immune to the consequences.
You sound like a right victim
@stevejones2310. Go away robot
Or punished for being born, young people who are treated like slaves where the have to pay these old people a huge slice of there income, all because the same old people made a bunch of mistakes, along with the governments they elected. ...
sounds fair
@@stevejones2310forgetting governments don't have money.... If you are irresponsible that's fine as you can get free money from the taxpayer!
Pensioners have paid more tax then anyone else.
And yet not anywhere near enough to support themselves, to the extent that the government debt that is paying the state pension now means workers today won’t get a state pension at all and will have to work into their 70s. Yeah. Facts.
That's the hard-left Labour Party for you.
They've had more benefits of that tax , too . We need twice the inflation figure rise for ,, 5 years .
@@normanpearson8753 When have they ? Remember 1997, when Blair raided private pension funds ? Ordinary people who had worked hard during the Thatcher and Major years to build up a nest-egg for retirement. Along comes that thief Blair. Starmer is a Blair disciple.
@@susannamarker2582 I agree .The problem is , some pensioners are quite well to do , as a group , they're the best off in Britain, but many struggle .
He needs to remember we have one of the lowest state pensions on Europe
…and pay a low level of contribution through our working life.
It’s up to working people to save or not for their old age, with tax advantages. If they choose not to, they will have a lower income after they stop work.
Simples!
We are in fact the we are second from the bottom of the list for the worst pensions in the world (bearing in mind that we are supposed to be the 5th richest country in the world) - only South Africa has a worse pension than us!
As for people who have bought a house in the 70s/80s being millionaires- that is not true. I have a house and it’s not worth nowhere near a million pound!
@@elitet3359talking about many London properties
They want to turn this into age wars rather than class wars
They want young immigrants to demand that pensioners give up their assets for them.
Divide the people , introduce your agendas or , Problem , Reaction , Solution . THEY create the problem , People heve the reaction , THEY have the Solution !
Also it WON'T be too anyone's benefit apart from THEIRS !
How many times in history has this ruse been used .
Socialism can only survive when division and mistrust exists
@@johnnydoe1984 Exactly
They keep on about people living longer but they never mention thousands who die before pension age.
Yeah these people are obviously working so hard paying all this tax, which goes to these pensioners, maybe if we tax the workers less and shifted the costs to pensioners more people would reach the pension age.
The millennials onwards basically who will get no state pension and will have to work into their seventies. All because of the baby boomers. Not their fault they’re boomers but they do need to pull more of their own weight.
Two of my brothers died before they were due to receive their state pension. This has obviously happened to thousands of people.
Of people who can but don't want to work, let's see you have a go at them.
Yes, at one place I worked, 2 people died at work
Pensioners who worked and saved all the their lives not going to the pub every night not saving nothing for their old age should not be hammered for saving for their old age. Cut the benefits to people who don't work or want to easy.
Just stop allowing illegals to stay. How much is currently spent on housing, food etc of just the ones crossing by dinghies?
Do you include the disabled and thenunpaid carers which save you millions of pounds. What arenpeople supposed to do with the people they are caring for?
I know quite a few young people who don't work. They say why should we when we get money for sitting playing x box all day. The more benefits they get the more they can get.
No incentive to work
"not saving nothing" ? extraordinary grammar
My mum is 90, worked till she was 73. She rents at a shyte housing association house. Now she's paying tax on her pension pittance. She got 25p extra per month recently, and got 25p extra per month on her 80th birthday. WTF can she get for 25p?????????
aye disgracfull
This government is vile and coming for us all! Pensioners, disabled, homeless, immigrants, poor and struggling, single parents, the young, anyone who isn't wealthy basically,And in a cost of living crisis that they sodding created!! Whilst filling their already overflowing bank accounts!!!
For that 25p I'd buy a thankyou and send it to Richie saying are you sure you can spare 25p .
Don't bother giving us oa ps arise as weareworseoff
@@ValTwineDeaner I know just how your mother must feel Like ,I am in the same position, i am now paying TAX at 79 ,what was the point of giving us this Tripplock ,food up rent up energy up ,taxed ,so what was the use of the extra money bull shite
I am 80 years old and still pay income tax on smal private pension but I am still below the cost of living amount and I am helping to support illegal immigrants and the age group 18 to 25 reported to be un employed through various illnesses 😢
I also pay tax because I have a small private pension but I am not well off.
Is he forgetting pensioners have paid tax all their working life.
Pensioners have payed their share end of.
Nonsense
If that was the case we wouldn't have a problem.
Explain to me how when you first started work compared to when you finished working the country has more debt and liabilities( like payment of your pension). While my generation who weren't alive to even have any say on the governments that created the problem, are the ones who have to pay the costs, sounds fair.
@@NorfolkCatKickers as a pensioner, I agree with you. The Tories have looked after us oldies. I never voted for them once. In fact they never got 50% of the popular vote since the 1930s yet still formed the government for most of the last 90 years
@@stevejones2310 Pillock
@@zog97xy that's not a counter argument though, is it?
A foreigner has no right to talk about the native population's right to a pension. Do these people not understand cashflow? Someone living in the same house for decades is not rich just because the value of the house has gone up. These people are disgusting.
I bought my house in 1979 I'm still living here although by todays valuation I would not be able to afford it.. is it my fault that it has increased in value or greedy types salivating at ever increasing property prices...???
It's a disgrace how they gone on.about the elderly.worked all there lives ..paid there taxes .don't get on about them never worked..don't work pickin up benefits.dont get tax .or them cummin in to the country gettin benefits.never put into the system.gettin more money month.y dint say anything.cause elderly easy targets.rem u wil be old one day.
They weren’t cheap for us to buy at the time. It’s just that they’ve rocketed up in value…..is that our fault ? Also, back in the 1970’s when me & my husband got ours they wouldn’t take the wife’s salary into consideration, no matter what she earned, so you didn’t get too good a deal on the Mortgage.
The man in the white jacket is talking rubbish
Shut up Jeremy
It’s disgusting to even ask that question.
What a load of rubbish. We had secondhand furniture,carpets, TV etc , and my husband as a skilled engineer had a wage of £2000 a year. No holidays and had to pay £1000s in care/nursing home fees. Life has been hard.
Luxury we lived in a hole in the road ...tell the young people that and they wont believe you
Jeremy vine is a slimy toad.
always has been
Must agree.
After the war this country was broke. Our parents fought the war, we boomers worked to pay for it. No wfh or mental health issues for us. We worked.
And didn’t have salary top ups either, you lived on the salary you were given.
@@cynthiamorris1874because you could live well on the wage you were getting in the majority of cases
@@stevejones2310 Well on,y if you were living with two wages. We didn’t get holidays abroad, if at all. We didn’t have cars. We rarely went to the hairdressers, never ever had our nails done, certainly didn’t have tattoos, or botox etc. a meal out was fish and chips a few times a year in a restaurant. Clothes lasted much longer, you didn’t throw anything away. Walked miles everyday, went to work by bus (found that a bit expensive) houses were cheaper, but for a short while paid 17% mortgage interest, I think it was around 7% for years. Saved up before buying anything, but they were the good old days and I am not complaining.
Rationing ended in 1954, while they didn't fight in the war there are a huge number of oaps who were children during it or grew up in austerity in the years following it. The dole was originally a safety net for those transitioning between jobs at a time when the 'Anglo-Saxon work ethic' was a thing, now there is little to no social stigma for not working and entire communities don't.
@@cynthiamorris1874 only 1 salary in our household. Mother stayed at home for a good few years. No car or fridge and TV on hp. But no food banks. Or obesity.
Why are we trying to penalise pensioners who have PAID into a private pension
Why have they waited until I have reached pensionable age to want to move the goal posts
My company/private pension was originally voluntary if you are now trying to take more in tax what was the use of having a private pension I may as well have used the money when I was younger to have foreign holidays etc
Why don’t we tax the big companies more how can Tesco make over 2 billion in profits whilst paying minimum wage and then we have to pay benefits to these people to help make up a living wage?
So our some of Tesco’s profits our profits because who helped make these profits the people who work there who have to claim benefits to make ends meet
Leave pensioners alone
We are subisdia
Stop our taxes being paid to keep illegals in luxury
Pensioners are also screwed with VAT.
Agree, if you have bothered to arrange and pay into a private pension you should be entitled to ALL of it, no tax. End of. That’s literally your money and yes there are state pensioners who have never been tax paying workers so they don’t deserve a chunk of what you’ve bothered to save up. It is galling, that.
No tax is paid on private pension contributions (paid from gross salary) , so pension withdrawals are taxed. What's wrong with that?
Myself , and many Millions more , worked for 50 Years , or more , Paying Income Tax , NI Contributions Vehicle Tax , Petrol Tax , Council Tax , and V.A.T on top of it all , now , we get the lowest Pension of any of our EU Neighbours , pay Tax on it , and '' they '' call it Benefits . I have Neighbours , who gave up Work when in their mid 20's , and , when they reached retirement age had their '' Benefits '' double , when they left the Unemployed list , and got their Pension Credits .
pension credit pay no council tax dental charges ,makes you wonder why you bothered working.
Exactly. Live on benefits and a nice sum of money it is to. Never done a day's work in their lives.
anecdotal rubbish
1 in 4 my arse you guys make my blood boil😡😡😡
Firmly NO to more tax for pensioners.
I'm 70 yr old pensioner who has paid tax from age of 16 and stil paying tax and it's got up again this month.
As well as my full councill tax . I worked 70 hours a week to buy our house .
Taxation is a rich man's trick. The parasitic globalists that spend taxpayers money do not pay any tax
We are the riches country in the world? We get £800 per month - Spains pensioners get £2,800. Why are our pensioners being asked to live in poverty and have so much less than the living wage (ie the amount that has basically been calculated as the minimum to actually live on?
Funded by UK energy compaies owned by spanish german and french investment groups
You have heard the word EMBEZZLEMENT, But do you know what it means, if not look it up.?
I’d happily pay the higher rate income tax if my pension was raised to £100.000 per annum 🎉But why did my meagre private pension incur 40% tax, while Millionaires pay a mere 22% on their income?
MP's and PM's should pay more tax simple
Steady on. The average MP is struggling by on £91,300 per annum, plus 'consultancy work' and generous expenses. Who can possibly hope to struggle by on that?
They should be banned from working outside Parliament. They obviously aren’t doing what we pay them for because they spend more time in their more financially beneficial directorships etc.
Wealth tax!!
So if you charge MPs more how much will it raise ??
Cretin
Give us the same expenses you have maybe then we would be happy to pay
Pensioners have paid more than enough , its time to get their money back
Coming from the man who made his daughter a shareholder in his company just to lower his tax bill lmfao
What a stupid idea. How many times should pensioners be taxed during their lifetime.
All the time if their income is over the threshold
maybe people should pay on average should pay the same amount of tax, that ends up being spent on an average person, sounds crazy.
Fact is a lot of old people never paid anywhere near enough tax to cover the pensions they eventually went to receive, which then goes into government debt and thus the young people have to pay.
@@NorfolkCatKickers i was paying £150 a week in tax in the 80s , so ive paid for my pension
@@magnus9701 the total tax wouldnt just be pension how much did it cost to send you to school, how much has the goveremnt spent on all your medical costs. Tell me how we have more debt and liabilities now then when you where born or turned 18. your generation is at fault you elected morons and now you want my generation to pay for it.
Where do you get your 'facts' from?
When you have worked for fifty two years in the building trade,paid tax and insurance for the full fifty two years ,paid a mortgage brought three children up i think I deserve what little pension i get..
👏👏
Why don't they just put pensioners back into workhouses?My state pension is in the region of £!80 a week : All my working life paid National insurance. What a mug I must have been.
If we were anywhere near the top of the table in the EU for pensions, then maybe - but we aren't. So NO!
The living wage is £400+ pensioners are on£ 220 ish so ffffight of 😡😡😡😡😡
My mums lives very comfortably of her pension. Her house is paid for so only bills and food. Often she spends less than her monthly pension.
Well She’s Very Lucky To Be Able To Do That. Most People Can’t Afford To Do That.
let the mp's take a big cut in their wages or more tax on them
Have they not paid tax thier whole working life? Why don't they start looking at the hundreds of thousands of working age people who aren't working/paying tax. If people aren't working thier benefits rise with inflation. Plus you get a state pension when youve never worked in your life.
You should still pay tax if your income is high enough as a pensioner.. why should you be exempt?
All benefits should be taxed the same as the working man/woman/pensioner. Also if under 60 you should pay for their prescriptions out of their benefits. The working person pays income tax and national insurance, pays for prescriptions, etc. Those on benefits get the same or more than the working person and pay nothing and get deducted nothing, and get benefits on top, mobility car with no insurance, no ved, no servicing costs and the option of a new car every 3 years. Benefits should be equal to the average wage, but taxed the same. Why should workers and pensioners have to pay tax to fund benefits and unemployment benefits when they should be taxed the same and contribute like everybody else.
@@Richie-su5bn bollox. Stop whining. You're one of the lucky ones.
@@Richie-su5bnall benefits are taxable if you receive more than £12,570.00
lately right..Billions of pounds paid by government a year in benefits to idle no goods that do not pay into the system.. I worked from the age of 15 till I was 68.. never got a penny in benefits..Had second hand furniture and washing machine. Worked and saved to buy our own home..Nobody gave us anything and now you want to tax our pension..Tax people that can work but don't..if pension is a benefit tax them that get benefits! Totally unfair. Seems you more sensible you are throughout your working life you more you are punished! Obscene!
We paid tax all our lives our pension in uk pathetic
@@lindalewis5787 I’ve just had a tax bill for £ 507.60 for my pension I’m single and live on my own it’s disgusting
We are not to blame for suporting boat people
Someone has to pay for illegal migrants in hotels, etc, so they choose to take off the most valuable seriously arse ends .
Again you read and believe the propaganda pushed out by the right wing press. At your age surely you can see that the whole immigrant problem is being used as a smokescreen for the rich donors to the political parties to get away with schemes to avoid paying taxes whilst the poorest in society are struggling to pay their bills? It's been the same for more than fifty years, pulling out the same old rhetoric , they convince us that 'the problems with this country are the foreigners taking all out money, blame them not us', Look at the massive profits the energy companies are making, look at the amount of money the water companies have skimmed off the profits they make from our excessive bills, check out the statistics of how the balance of money in this country has gone from the poorest in society to the richest in society. Why do you think we now have food banks and working people having to rely on benefits to pay their bills? Check out the statistics of the amount of so called legal immigrants going up to provide the rich company owners with cheap labour since we left the EU. I know because I work all over the country training them and I'm still working at seventy just to pay my bills.
Illegal immigrants have nothing to do with pensioners paying tax on pensions.
Do you read the Daily Mail,or just an idiot.
Pay more tax? I got a £19 rise in my company pension of which £16 was taken in tax.
If you have done nothing and maybe never worked in your life, you get a full pension, free housing and Universal credits, IF you have worked all your life, paid NI and tried to put what little earnings a working man earned into a small pension, Then everytime the basic pension goes up you are taxed on your £100 a year private pension DISGUSTING
IF you were a Civil SERPENT then you have a magnificent pension and MP's have a Golden pension at lot more than £13500 a year TOTAL
100% why is public pension liability never spoke about ? 2.6 trillion. Retire at 60 with million pound pension pot . Start with gold plated civil service pensions
My dad payed a private pension for 40 years died at 67 my mum was entitled to 12 months if you want more money find out where all that and millions of others in the same boat went
My husband died at 52 ( I was 46) worked from 15 and never lived to get his pension. Where does all the money he paid in tax go then ?
This guy wants the pensioners to pay the dole money of the workshy?
And pay benefits to illegal immigrants.
Pensioners are working? Or are they workshy too?
@@stevejones2310 We wish
@@stevejones2310 If they are working, how can you class them as workshy?
@@peterknight6535 I'm asking if they're working. If not, are they not workshy. For clarity I was being a bit ironic.
Why should pensioners be persecuted now? They’ve worked hard and probably lived in poor conditions compared to today’s standards that the young and entitled of today couldn’t even imagine. They should be enjoying the life they’ve got left in peace.
Fought 2 world wars, I think Jeremy still thinks he's doing an interview in 1985, if you thought in the First World War you are sadly no longer with us, and then if you fought in WW2 you have to be at least 95, this idea that boomers or even the silent generation fought in the world war is just ludicrous from our media
Of course not we have paid enough let those immigrants start paying there way no job no money we send you back enough is enough
aye get them illeagles oot
Pensioners paying more tax,The gift that keeps giving,after a working life of paying tax
No difference between labour and cons. Sad!
They both robbed our pension funds
Two party system, just a load of incompetent money grabing turds with no idea.
Some pensioners are providing finiacial support to their families, child care, school runs, and much more.
No, they work all there life, leave them alone. 😂❤
Bless you spot on
Housing was never cheap
Quite right, it may seem cheap today but it was still the same percentage of the wages you earned as it is today and today you ha e the benefits of mortgage companies who can give 100% mortgages or other incentives, we never had any of that you saved kept the same furniture carpets and household items till they fell apart and went without to be able to buy if that were possible as .out people lived in rented houses. DO NOT undermine what we went through. It is easier now than it was for us to keep going
Tax the mega rich not the pensioners. People don’t live to 100 no one I know lived to 100. We have a huge excess mortality globally since 2021.
No they should not pay any tax at all they worked all their lives and deserve better understanding
This just illustrates what a terrible job the politicians have done in the past to get us in this terrible mess.
Well said and so true.
No they shouldn’t pay more tax they paid their taxes in one way or another over the years purely by their hard working families contributing unless you come over in a boat
This is a joke my husband got23 punds 3 days later they took 20 pounds more tax of him so in the end he got lousry 3 pounds Nd the foods going up and all the bills are going up so tha 3 pounds is a bloody joke they keep on about the younger generation they waist there money on having there there nails done all the time going abroud waisting monet on take aways going drinking buying cofees every day
Paying for tatoos buying top brand names in clothes none of this whot we have ever done and could never
Aford to do
Pensioners should not be paying Tax at the standard thresholds… ridiculous
Why should pensioners be expected to live on less than the living wage 😮😮
If you’ve got more money than me I’m not standing for it. That’s todays attitude. Except for companies raking in billions.
£5.5 Billion in benefits has not been claimed by pensioners, that's what i am doing when i retire in a few months!
This individual sounds like he wants to exterminate those people who reach pensionable age
Shouldn’t be paying any tax after working all their lives for a pittance 😡
ABSOLUTELY DISGUSTING
WE ARE PAYING 20% TAX
All I have in MY Pension that I HAVE PAID FOR IN MY TAXES.
It is always the case that the grass looks greener on the other side of the fence. Once you climb over that fence you realise it is not, as I found out when I became a pensioner.
This about people living to a hundred is nonsense
I’m only fairly recently retired after working all my life and mostly 12hr shifts at that, I find myself now almost being made to feel “ashamed” to be a “Pensioner” (even though I’m not actually drawing my state pension yet) and quite honestly Vine’s program is at the forefront for having “Debates” about pensioners for a multitude of reasons but generally geared towards them paying more or getting out to work, used to like this show but now I see it for what it is, same regurgitated crap week in week out😒
Have i now got to feel ashamed of reaching 73 yrs of age.
Where does somebody go when they sell their stupidly inflated house and every house in the area where they have lived for 50 years is the same price? They bought it because they could afford it back then, and they would prefer to die there.
Yes, I remember back in the 80's when houses were given away in jamboree bags and building societies paid us to take out a mortgage - just kidding.
I couldn't get a mortgage in the 80's because I was young, had no savings and had started a new job. By the time I had saved enough for a deposit as a condition for a mortgage, the house prices had just about doubled. The CONservatives dragged the country through various recessions in the 80's and 90's, when at one time, the interest rates went up to 15%. In the early 90's, it was weekly news about how many people were having their houses repossessed. Eventually fixed rate mortgages were being offered, and at 15 years in, I had a celebration at getting a fixed rate at 5%.
Regarding the pension, the UK is 15th in ranking for state pensions in Europe. The triple lock was a mechanism to try and bring the pension up to something worth having, after decades of underfunding it. We still have 25% of pensioners in poverty and material deprivation.
I think this brown man is a sophist.
Perhaps if the 20 / 30 somethings voted for a political party, that wasn't ideologically driven to making maximum profit by suppressing wages and artificially increasing house prices by reduction in social housing, and relying on private developers, who's only interest is to their share-holders and CEO salaries, to build houses.
My local MP is Jeremy Hunt. Hunt bought 7 luxury flats in Southampton from a developer that was a CONservative donor. This developer gave him a discount on the flats for buying 7. Because he bought them to rent out, the taxman gave him a reduction on his stamp duty costs. When I used to work in London, foreign investors bought up flats in new developments with no intention of living there, waiting on an increase in prices. The moderately paid locals, were then forced to move further out, until investors had bought those properties too. No-one on average salaries can afford to buy property in London anymore. The government, in the last 14 years, could have done something about this, by not allowing foreign property investors the right to buy property in the UK. It seems likely that, since 25% of CONservative MPs have a property portfolio, they rather like the house prices increasing all the time.
Still, the youngsters could do something about it, but apparently they don't think it's worth voting.
Given how rich the UK is and how much it gives away each year in foreign aid, it is reprehensible that anyone born and bred there is struggling during their retirement years. You can tell the nature of a country by how they treat their elderly. It's fairly clear that many in power want the older generation to just die. You never hear their opinions on anything but occasionally they get trotted out in some feelgood story like Captain Moore walking his garden during covid. Otherwise they're just not part of public life.
Where are all millionaire pensioners living I've yet to find or know of any.
U.K.gov needs to get the work force working and paying tax rather than expecting the pensioners to pay more in my working life we worked long hours for very little.
These younger people don’t work like we do. I worked 3 jobs for years to save a deposit for a house. I worked for 35 years, paid tax and insurance all these years. How dare these young people think they’re entitled to more tax from us. Go get some extra work!
Fought in two world wars? 😂😂
Yeah, that was bollox, yet it's very often trotted out. Vine should know better
Raise the poorer pension who get less than minimum wage to in line with minimum wage than I'd be happy to pay the same tax as them.
ONLY ON JEREMY VINE!
Pensioners spend, they have home improvements and they buy goods. So they also put billions into the Economy.
Try taxing private jets cars and close the loops I just live on state pension and I had to wait a year longer to get my pension too so I’m a waspi man
They gave us the 8.5 rise so that they could drag people like me into paying tax. The civil service did the same with 10% rise in my small pension.
I’m a pensioner after working 50 years .. Yes I had a mortgage to buy my own home .. FYI .. when I started out I didn’t have furniture, white goods, takeaways, a tv, phones, laptops, holidays, a car, designer clothes, holidays, etc. I chose to go without all this and more until after many years I could afford to buy them. 🤷🏼♂️🙏🏼
I think we would better spend our time ensuring that tax loop holes are closed and deliberate avoidance seen to be severely punished. State pension should never be taxed.
As a pensioner I would have no problem paying more taxes if I knew the money was going to help younger people who are struggling because they never had ALL THE BENEFITS THAT MY GENERATION ENJOYED !
Disagree with you we had very few if any benefits thank you
What benefits?
Young people have all the benefits. They get one and able to get another. All these benefits weren't about when pensioners were young. They left school at 14/15 and got a job. They never said oh I don't want to do that. They got on with it. My first job was £2. 19. 11. / 2 pounds, 19 shillings and 11 pennies a week and that went a long way
Apparently 650 mp,s are multi millionaires ? On paper ? The reason houses went up is because yall invited immigrants in more people and not enough houses ? Market forces build more houses ? But understand this is an island there is a finite amount of space
We were told years ago to get a private pension now that we got one they keep knocking us this young lot today keep spending ridiculous amounts of money on weddings and cars and clothing all on the tick and then they mourn about it
The state pension should never be taxed even if it does go over the threshold personal allowance.
If that was a member of parliament they'd known a way round paying it .they're not stupid .it's one rule for the rich guts and another rule for all others.
I'd be able to pay more tax but that Truss woman took a very large chunk of my pension fund off me. The money I'd saved over the years.
It is government dipping into the funds for other then pensioners payment.
Yes , Gordon Brown raided the Pension pots , and so did many Company C.E.Os .
What about those of us who will not see a 70th birthday because my health was damaged irreversible by working in heavy-engineering
Just because you bought a house years ago doesn't mean that you "benefit from the price rise" as if you have more money to spend. If you are still living in the house and a have a low income, then you still have a low income.
Yes, I had second hand furniture, I made my first double bed. No £50+ mobile phones, no broadband, no Starbucks, no annual/tri annual holidays. Multi car households!!! WTF....entitlement!
Anything worth attaining in life requires some sacrifice!
I hope all those who want the pensioners to pick up the slack of those to lazy to go to work need to remember they will be old one day or die getting there
About will reward the workshy.
From a 67 year old: The price we paid for our houses didn't seem cheap at the time, and we never had such low, long term interest rates as seen in more recent years.
Hi
Exhausted with constant reference to the triple lock. This is 8.5% on less than half the minimum living wage, not on an average salary. If you only earned the current pension of £11500 you would be entitled to numerous additional top up benefits.
Yes take every penny after all we didn’t work all our lives for it. No limit on the hours we worked, no woke protections, no paternity leave and no leave when my parents died. Stop being silly Labour government
Because l was born before april 1951 l was informed my pension would be the basic at 140 pound a week so l carried on working for 6 more years after retirement to increase my state pension in a hard and dangerous job to be self sufficient in my old age. I also have a small occupational pension from working for 30 years in the merchant navy . When l finally retired aged 73 last year it seemed l had just enough for me and my partner, who needs me as an unpaid carer, to scrape by on only to find out that this year l am having nearly half of my hard earned M.N. pension deducted in tax: money l had already paid tax on years ago. Due to the sporadic nature of my earlier occupation l never did buy a house, have never been to university and have just been one of those hard working men the politicians keep going on about. The reward for trying to not be a burden to anyone in this country seems to be a kick in the financial head!! Thanks a lot!!!
A Pensioners Home has to be used to finance residential care in the event of ill health. Everything you have saved for gets taken by government taxes in the end.
Look how much they get in spain
The fact that the Tories, who used to have the mantra "work hard, save hard, be prudent and it will pay off in the long run" are now taxing the people who did that even more, just shows how low the Tories have sunk. The fact that they are doing it to pay for their own financial incompetence is unforgivable. Hunt should be ashamed of himself, but he seem's so smug that I very much doubt he is.
Mortgage interest rates were 15% in late 70's and 80's
Thanks to the Tories
@@johngalvin3124not just the Tories as they were not in power in other countries who had the same issue
Thatcher created the problem by selling the country to the good old USA, and they are experts at ripping countries off.
Reeves is married to Nicholas Joicey, a civil servant and Gordon Brown's former private secretary and speech writer, closely involved with the 1997 raid on pensions. History is repeating. And unless the bankers' bonuses are capped, everyone's savings are at risk, not just pensioners'. Remember Northern Rock?