George Osborne is toying with the idea of removing a further £30bn in middle-class..

[DimPrawn]

Large pension pots and even large ISA pots are sitting ducks, so easy to raid with a big tax hike. It's too much of a temptation for any shade of LibLabCon to resist.

They can dress it up in the name of "fairness" to "hard working families" etc.

Another reason to pour every penny you have into your 100% tax free family home. Safe as houses.

[DodgyAgent]

Will never vote Tories as a matter of principle.

.

What "principle" is that? do explain.

[DodgyAgent]

Large pension pots and even large ISA pots are sitting ducks, so easy to raid with a big tax hike. It's too much of a temptation for any shade of LibLabCon to resist.

They can dress it up in the name of "fairness" to "hard working families" etc.

Another reason to pour every penny you have into your 100% tax free family home. Safe as houses.

Bear in mind that most of these large pensions will be for public sector workers like taxmen that retire at 55 I am not sure I have any sympathy.

[BrilloPad]

Large pension pots and even large ISA pots are sitting ducks, so easy to raid with a big tax hike. It's too much of a temptation for any shade of LibLabCon to resist.

They can dress it up in the name of "fairness" to "hard working families" etc.

Another reason to pour every penny you have into your 100% tax free family home. Safe as houses.

Indeed. I don't believe that the main family home will ever be taken away.

Of course I can have one for each of my ex-wives.....

[MicrosoftBob]

'Tis the Komrade Korbyn meme, tovarich.

Ah but does he belong to the Tooting Popular Front or the Peoples Popular Front of Tooting

[centurian]

Bear in mind that most of these large pensions will be for public sector workers like taxmen that retire at 55 I am not sure I have any sympathy.

Except they are trying as hard as they can to exempt themselves from the changes. One of the main questions being posed was

"Should the government consider differential treatment for defined benefit and defined contribution pensions? If so, how should each be treated?"

This is code-talk for "should final salary schemes be exempt" and has been picked up on.

Hargreaves in talks with Treasury over DB tax treatment - Citywire

The Treasury has shown 'willingness' to exclude defined benefit (DB) pension schemes from its pension tax relief overhaul plans

Well of course they have shown "willingness" - they've all got DB schemes themselves.

Turkeys don't vote for Christmas and any restriction in reliefs will hit higher rate public sector workers hard. Virtually everyone involved in making the decision has a vested interest in DB schemes being made exempt from the change.

Turkeys however, will happily vote for other turkeys to go to the Christmas party. Make no mistake - the plan - if they can get away with it - is to squeeze private sector higher rate pensions until the pips squeak, while shielding their own pensions.

This is why there is the delay - how do they convince everyone that it's absolutely essential that the relief needs to be removed for one group - yet another group, who already get a more generous tax treatment anyway - shouldn't have to pay a penny more.

[vetran]

Please continue...

He has a Sofa!

[MarillionFan]

Large pension pots and even large ISA pots are sitting ducks, so easy to raid with a big tax hike. It's too much of a temptation for any shade of LibLabCon to resist.

They can dress it up in the name of "fairness" to "hard working families" etc.

Another reason to pour every penny you have into your 100% tax free family home. Safe as houses.

WHS. it will be ISAs next. Will Middle England be demonstrating anytime soon?

I also joined UKIP last night, paid my £30 and will be going to a meeting next week. Safest Tory seat in the country I'm in. I'll see if I can change that.

[AtW]

However, luckily there are not enough foolish people who will vote for this fool. Anyone who does is deluded.

So we should all vote for Osborne and be grateful because taxes would have been higher under Labour?

It does not matter what Korbyn will do - by the time he gets a chance Osborne will have increased taxes to the max anyway, what matters is that Conservative party should know that if they are going to be party of higher taxes then they should never get elected - period. The only valid ticket for Cons must be REDUCTION OF TAXATION, not "we'll tax you a lot but it might be less than the others".

[AtW]

He has a Sofa!

That's just below the belt...