Pay millennials £10,000 and tax working pensioners
 

The latest brainwave thought up by the clueless?

http://www.itv.com/news/2018-05-08/p...port-suggests/

Everyone in the UK should be paid £10,000 when they turn 25 . . so hands up all those who think the majority of recipients wouldn't blow that on a new car, foreign holiday, beer/drugs instead of buying a house/flat :rolleyes:

It [the report] found millennials, people born between 1981 and 2000, are only half as likely to own their home by age 30 as baby boomers, born between 1946 and 1965, were. . . . there were a lot more jobs on offer back then, and a damn sight more available housing being built.

If pensioners in work did pay national insurance, it could be used to provide extra funding for the NHS, something the older generations would be more likely to benefit from. . . . oh excuse me for not realising that nobody gets ill until they're over 60, and then they all want nose jobs, boob jobs, gender realignment, and weekly treatment for being out of their faces on booze & drugs :D

Re: Pay millennials £10,000 and tax working pensioners
 

The NHS is disportionately used by the elderly because people do by and large getting sicker as they get older.

Anyway this policy isn't going to happen, not least because no government will dare touch pensioners' benefits. Look what happened to the Tories at the last election.

Re: Pay millennials £10,000 and tax working pensioners
 

Who pays these nut cases ?

A two year study, just to come up with this nonsense - wtf ?

Re: Pay millennials £10,000 and tax working pensioners
 

As Damien says not a hope in hell of this becoming policy.

Re: Pay millennials £10,000 and tax working pensioners
 

Be more to the point if they went after tax dodgers.Then they might just have enough money.Oh and when do we see anything back from the banks being bailed out?

Re: Pay millennials £10,000 and tax working pensioners
 

Nice work if you can get it.:D

Presumably the same nutters who want to pay everybody a wage even if they don't work.

The magic money tree is in danger of being stripped bare.

Re: Pay millennials £10,000 and tax working pensioners
 

The other thing is it’s a rubbish idea anyway.

It’s yet another idea designed to not address the root problem which is the lack of affordable housing. Successive governments have not been willing to risk angering the NIMBYs or people not getting absurd house price increases.

---------- Post added at 17:54 ---------- Previous post was at 17:53 ----------

Universal basic income is one approach to the possible risk of mass job losses after automation. Depending how that pans out it might not be too mad an idea.

Re: Pay millennials £10,000 and tax working pensioners
 

Absolute dire idea. This will never see light of day...

Re: Pay millennials £10,000 and tax working pensioners
 

I look forward to reading how it will be implemented in the next labour manifesto gets them out of the whole pesky wiping student loans pledge.

Re: Pay millennials £10,000 and tax working pensioners
 

Several fake passports and you're in the money bigtime.

Re: Pay millennials £10,000 and tax working pensioners
 

To buy my first house I worked full time in the day and worked five nights a week, although I accept that house prices are much more expensive now.

One of the few things that Cameron did that I agreed with was to scrap the children's trust funds, so I can't see this happen either as it's an even higher figure.

They are thinking of scrapping the exemption for NI contributions for pensioners who continue to work, which I have long called for. Those who can afford to should pay for their prescriptions too.

Maggie makes a good point though, they should be going after the tax avoiders (and the bankers who got us into this mess). I don't believe that a single one has been brought to justice for bringing the country to it's knees.

Re: Pay millennials £10,000 and tax working pensioners
 

That's not the reason or if it is it's only part of it, the real reason for the housing crisis is because we've let so much of London be sold of to the highest bidder, tax evaders, despots, organised crime, drug dealers and other **** of the earth mixing with foreign investors buying up every new development before locals even hear about it, meaning locals get pushed further out into the suburbs pushing the prices up there to. Now London is done they're moving on to other big cities like Sheffield and Manchester and the same will happen there to.

I'm sick of all these poxy government schemes, they should call them scams, the latest one is to sell of the help to buy loan book, all those people that thought they were talking a loan from the government are about to be delivered into the arms of bankers. Where does all this money go to as well, it just drains away, the little people never see the benefit.

Re: Pay millennials £10,000 and tax working pensioners
 

For once we agree Richard.

Re: Pay millennials £10,000 and tax working pensioners
 

And me too as its pretty scandalous that no one has been bought to book so far and is highly unlikely to be brought to book sadly.

Re: Pay millennials £10,000 and tax working pensioners
 

Where properties in London are being sold to investors, they are the top-end expensive properties that people couldn't afford even with an extra £10,000.

The central problem is this nonsense of "getting on the property ladder". It is this notion of getting easy free money was a large cause of the banking crisis. It was people not paying back their loans/mortgages that caused the problems. That was the source of the bank losses.

People complained that unaffordable mortgages had been too easy to obtain, so the rules were changed to make to more difficult, and now people are complaining about that.