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.
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.
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
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.
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.
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.
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.
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
…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!
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.
@@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.
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 😢
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.
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.
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?????????
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!!!
@@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
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.
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.
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 .
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.
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 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.
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 .
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?
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
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.
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 .
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?
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.
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..
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
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.
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
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.
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.
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!
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
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.
@@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.
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.
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
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
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😒
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.
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. 🤷🏼♂️🙏🏼
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.
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!!!
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.
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
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.
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.
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
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!
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.
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
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?
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.
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.
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 !
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
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.
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.
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
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.
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 am 70 years old, I have my state pension and a military pension. Like EVERYONE else who has an income higher than the personal allowance, I pay tax in exactly the same way as everyone else who has an income higher than the tax allowance. I started paying tax at the age of 16 and will be paying tax till the day I die. Have always worked and have never had a penny in handouts.