@bradjohnson71@Banksycat Sounds a decent plan. Would be a boost to the economy too as all the healthy 60 & 70 year olds have a retirement spending splurge or give away cash to family before they start dribbling and losing their marbles. I like it 👌It will all be in the timing but doable 🤝
Andy Burnham wants to tax you TWICE. Once for LIVING. Once for DYING.
The Telegraph revealed it. A new tax on your INCOME while you're alive, to fund care and a flat 10% levy on your ESTATE when you die.
Taxed earning it. Taxed leaving it. Coming and going.
The death tax hits the families who pay NOTHING now.
Today you get up to £500,000 TAX FREE before inheritance tax bites. A million for a couple. Only 1 in 25 estates pays a penny. Burnham scraps that. A flat 10% on ALL estates. No threshold.
Watch what it does.
A £300,000 terrace. Today ZERO. Under Burnham, £30,000.
The £500,000 family home. Today ZERO. Under Burnham, £50,000.
A couple's £1,000,000 estate. Today often ZERO. Under Burnham, £100,000.
Families who've NEVER paid a penny, landed with tens of thousands. For leaving their kids the family home.
The truly rich? They pay 40% now, with the accountants and trusts to dodge it. A flat 10% SPARES them the top rate. It's the widow's terrace that gets caught.
The rich don't pay it. The ORDINARY FAMILY does.
Here’s what they're praying you don't work out. It punishes you for SAVING. Have more than £23,250 and you pay for ALL your own care until you're drained to the bone. Have nothing, and it's free. Now add the death tax, and the one who worked and saved pays TWICE, care in life, estate in death. The one who saved nothing pays NEITHER. Same care. Opposite bill. This isn't a tax on wealth. It's a tax on THRIFT.
Now where does the money GO? Britain's care homes are largely for-profit, many owned OVERSEAS, some by HEDGE FUNDS. You'd be taxing a dead pensioner's home to pad a fund in another country.
The price tag? Nobody knows. Scotland's National Care Service costs were slammed as massively understated. A blank cheque. And 10% is only ever the STARTING rate. It climbs as the bill climbs.
Which is the real question. WHY is there a hole at all? You paid NATIONAL INSURANCE your whole life for this. In 2021 they added ANOTHER care levy, then scrapped it within a year. The money vanished. So now they want a THIRD bite. Off your wages AND off your grave.
It’s not new. The same DEATH TAX
Burnham tried in 2009, so toxic it helped SINK Labour. Theresa May's DEMENTIA TAX of 2017 that destroyed HER. Twice it's blown up. Here it comes a third time, same man, and asked to rule it out, he wouldn't.
They didn't lose the money for your care. They spent it. Now they're back at the graveside, palm out, asking your grieving kids to cover it.
Taxed when you earn it. Taxed when you need care. Taxed when you die and dare to leave something behind.
Blink, and the only thing they haven't taxed is the coffin. Give them time.
What, exactly, was National Insurance ever FOR?
Because a government that can't fund care from a lifetime of it, but can build a machine to tax your corpse, hasn't run out of money.
It's run out of shame.
@sharrond62 Retired early at 58 already due to working hard and contributing to a decent pension. So that’s no more income tax or NI from me until state pension age kicks in (if I’m lucky and it still exists at 67). There is no longer any incentive to work if you can go early, do so ✊🏻
🚨They wave the signs.
“Refugees Welcome Here.”
Then a guy walks up with a clipboard and asks the simplest question:
“Would you actually take one into your home?”
Suddenly it’s:
“I rent.”
“No space.”
“Whole family already here.”
“In principle… but not practically.”
“Someone else’s job.”
Not one person puts their name down.
The same people demanding open borders and more arrivals won’t open their own front door. Not even with a sponsorship scheme now on the table.
Virtue is easy when it costs other people.
Responsibility is the part they skip.
Absolute clowns the lot of them. Get them gone as well.
"The total annual revenue loss to HMRC from Beefeater’s closure is likely between £25–£60 million per year." #AI
Well done, Labour. Keep hiking those business rates/MinWage/energy prices/NI contributions. Eventually you'll have no revenue at all.
Beefeater chain closes with loss of thousands of jobs because of Labour’s economic stupidity.
It’s like letting a Reception class loose on a space shuttle.
UK restaurant chain Beefeater is closing all of its 106 sites.
The group directly blamed crippling cost pressures stemming from Government policy.
In particular, Reeves's increases in employer NICs and business rates, both of which rendered the traditional pub-restaurant business model "unsustainable."
The cost of living crisis has worsened year after year since Covid, and Labour's tax rises have put the final nail in the coffin.
British industry is crumbling under Labour's watch!
@David90shaw “People” being his fellow MP’s and staffers on the Labour gravy train, worried they may lose their jobs, if, when, the next GE comes along. We see you @andyburnham 👀
Rayner's £182,000 Masterclass In Hypocrisy
Angela Rayner spent years telling the country that MPs' second jobs were a racket. In March 2023 she wrote that being an MP "isn't a second job. It is the job." Labour, she promised, would put an end to the practice. Eighteen months later she resigned from Cabinet in disgrace over her own financial affairs. Within a year she had earned £182,376 from speeches, book advances and a severance payment she had no obligation to keep. Then she walked straight back into the job she had left.
The figures are not subtle. She earned £104,000 from speaking fees in ten months, on top of an MP's salary that rose to £98,599 in April. She took £61,500 as a book advance for a memoir about her own life. She kept a £16,876 exit payment while Wes Streeting, reappointed to Cabinet the same week, is serving his first three months for nothing.
One fee stands apart from the rest. Propertymark, a trade body representing the property sector, paid Rayner £20,000 for a two-hour speaking engagement. That is £10,000 an hour, from an industry lobby group, paid to a former Housing Secretary weeks before she was reappointed Housing Secretary. Nobody pays that rate for after-dinner charm. They pay it for access, and they got exactly what they paid for. This is not a speaking fee. It is a retainer with a lectern attached.
The woman collecting these cheques left the department with a housebuilding record to be ashamed of. Official figures published by the Ministry of Housing in November show England delivered 208,600 net additional dwellings in 2024-25, a fall of 6 per cent on the year before. New build completions dropped from 198,610 to 190,600. Labour's manifesto promised 1.5 million homes over the Parliament, a rate of 300,000 a year. Rayner delivered barely two-thirds of that. Housebuilding did not accelerate under her stewardship. It slowed.
She has an answer ready for all of it. The severance payment was earned, she told BBC Radio 5 Live, because she had genuinely left government for a period of time. That defence collapses under its own logic. The payment exists to cushion ministers against sudden unemployment. Rayner was not unemployed. She was the best-paid backbencher in Britain, drawing more from four speeches than most of her constituents earn in three years.
Joanna Marchong of the think tank Onward put it plainly: Rayner built her brand attacking Tory sleaze and demanding a ban on MPs' outside earnings, then pocketed £180,000 the moment the rules stopped applying to her. Lee Anderson called her year out a good little earner. Both are right, and neither goes far enough. The deeper failure sits in the housing numbers, where the gap between rhetoric and delivery is measured not in pounds but in homes that were never built.
Labour came to power promising a government that would look different from what came before it. Rayner's year off shows how quickly that promise curdles into the same old story: rules for the public, exemptions for the powerful, and a lobby group's cheque book standing in for genuine accountability. She missed her housing target by a third and was rewarded with reappointment. She broke her own stated principle on second jobs and was rewarded with £182,376. The voters who elected this government on a promise of change deserve to know that the change stopped at the Cabinet door.
"Rayner's year off shows how quickly that promise curdles into the same old story: rules for the public, exemptions for the powerful"