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Re: Osborne's 'Pensioner bonds' - bribing OAPs with everyone else's money
Can I just point out the 4% interest on £20k per year, after tax, is £640 (20% tax rate) and £480 (40% tax rate) - or £12.31 / £9.23 per week.
Wrinkly boomers wouldn't be exactly living high on the hog on that extra income, will they?
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