Andrew Lilico asks:
Why is it a problem if the person having the money spent on her is the one that pays?It's a problem because:
- Those currently in need of 'care' were probably duped into thinking that by paying NI, they'd purchased (if involuntarily) their 'care' after a lifetime's contributions. They weren't told that their monies only paid for the current crop of government victims - err, taxpayers. In effect, the government voided their 'contract'.
- Government has scuppered them at every turn - trashing their pensions, taxing their assets and savings via a constant stream of short-term changes that affect long-term planning.
Many OAPs have paid for their care 100 times over via income tax, levies, NI, VAT, stamp duty, property taxes/rates/council tax and a host of other taxes, most of which are paid out of already taxed income. Has this redistribution of wealth worked? Has it encouraged people to take care of themselves? Or does the government require still more of our money to throw at the same failed policies?
Has someone done a study on the amount of tax an elderly person has paid by the time he needs care?
Perhaps we should remind ourselves of why socialism always fails ...
Related
- Caring for the elderly - John Redwood





2 comments:
You should repost on John Redwoods Blog. He addresses this issue today.
Thanks Sue. Just posted.
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