Some joker on Radio 2 claims there should be an over 50s wealth tax

[centurian]

If Labour win, this is going to happen. An overall wealth tax. A windfall tax for people.

They will assess your overall wealth (your property equity, pension, savings, the shirt on your back). If it is above the average, it will be taken and given to those below the average until everyone is at the average.

It's only fair™

And the LibDem's proposed "mansion tax" is one example. It taxes you based upon what you have, not what you earn.

There are quite a few people in central London that have "million pound homes", yet are on very modest disposable incomes, either because they simply don't earn much in the first place (bought years ago, now retired), or because have a huge mortgage and most of their income goes to pay it.

[Sysman]

Are there people under 50 who listen to radio 2?

There ain't many over 50s listening to it judging by the crap they played earlier on. The same tired songs as I remember the last time I listened to it, circa 2007.

It's all RC's fault. If he hadn't mentioned listening to it the other day I wouldn't have bothered.

[Mich the Tester]

Are there people under 50 who listen to radio 2?

[Doggy Styles]

"Some joker on Radio 2 claims there should be an over 50s wealth tax"

Really?

[Mr Crosby]

I hink there should be, but it should be scrapped in 6 years time.

[Moscow Mule]

Brown needs the money NOW. He can't wait for you to die.

It'll be conscription to Dad's army and sending them off to Afghan next...

[DimPrawn]

There IS an over 50's wealth tax, but their children pay it when the old people die; it's called inheritance tax and if you tax people when they're alive, there'll be less tax recieved when they die.

Brown needs the money NOW. He can't wait for you to die.

[Mich the Tester]

There IS an over 50's wealth tax, but their children pay it when the old people die; it's called inheritance tax and if you tax people when they're alive, there'll be less tax recieved when they die.

[Bunk]

If Labour win, this is going to happen. An overall wealth tax. A windfall tax for people.

They will assess your overall wealth (your property equity, pension, savings, the shirt on your back). If it is above the average, it will be taken and given to those below the average until everyone is at the average.

It's only fair™

Except MP's of course. That's only fair™

[DimPrawn]

If Labour win, this is going to happen. An overall wealth tax. A windfall tax for people.

They will assess your overall wealth (your property equity, pension, savings, the shirt on your back). If it is above the average, it will be taken and given to those below the average until everyone is at the average.

It's only fair™

[Sysman]

Tune in about now and cry/weep/laugh.

They've just read a letter fro a 23 year old blaming unaffordable house prices and unemployment on the generation of over 50s.

Oh, he thinks our pensions are safe

I suppose I could have written that myself when Thatcher was in power