Re: The state of the Economy.
Originally Posted by
swimfeeders
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Hi
We are in a mess, we will all pay.
I am quite prepared to pay my share.
Pensioners should not be exempt.
I will not be paying inheritance Tax, my house is worth £165,000.
My kids have had the money and I am content with that.
Tax Increases?
Yes, I will pay
Yes Swims good on you for forward planning .
But not all pensioners are in that happy position .
For some their house is their only asset .
They can’t sell it as they have to live somewhere .
Down here in wiltshire you would be hard pressed to get a house for £165 k
In fact don’t know if you can get anything for that price .
A studio flat perhaps .
People on the state pension won’t be able to pay more tax .
The tax will fall on the Middle Classes
The very rich will take steps to protect their assets .