“Be kind to your kids, they choose your nursing home”. It’s this sentiment that best sums up some new ideas being touted today aimed at bridging Britain’s yawning inter-generational wealth gap. As millennials stuggle with high housing costs, less job security and lower pay, older peopIe often hang on to substantial sums of accumulated wealth.…
The Conservatives today pledged to improve NHS mental health treatment with ten thousand new staff by 2020. And Labour promised not to raise taxes for those earning under £80,000.
The Conservatives are promising an “English rate of income tax” voted for by English MPs. But what does the small print say?
Non-doms are the villain of the piece, according to Labour’s latest election pledge. Who are they and are they really dodging massive tax bills?
Gary Gibbon
Do we know what last year’s “predistribution” buzzword means now? Ed Miliband’s new policies appear to show he is more pro-intervention than Blair or Brown. And In the hall, they loved it.
George Osborne says nine out of 10 working families will benefit from this month’s tax and benefit changes. But who are the biggest winners?
Gary Gibbon
The atmosphere among Conservative MPs after Eastleigh is not as febrile as you might expect. But a disappointing budget and poor local election results in May could darken the mood.
Gary Gibbon
The coalition might agree with Clegg’s proposals in principal, but the cost of his proposals mean that no new tax threshold targets have been agreed.
Although it may not be intended, plans to combine National Insurance and Income Tax could have major implications for all workers, blogs Faisal Islam.
If the election was a prize for fiscal candour, the Liberal Democrats might actually win, blogs Faisal Islam.
On the income tax pledge, which is arguably stronger than previous Labour manifesto pledges, as it includes the new top rate tax, it strikes me as a lost opportunity for candour in politics. Clearly guaranteeing rates has little or no impact on the actual tax burden. It makes little sense to guarantee no increase in…