Outrageous Attack on Pensioners?
The coalition government has announced that tax relief on pensions is to be reduced - with the new annual tax free limit to be cut drastically from £250,000 a year to £50,000 a year
Well about time too.
Because the overly generous arrangements applied to only the most wealthy people in the land - and were hugely subsidised from the public purse to boot.
In fact this tax relief scam was another example - as with final salary pensions - of the many subsidising the few.
I am waiting to hear with baited breath if the Labour party and Ed Miliband - consider this to be an outrageous attack on pensioners.
Because that would be consistent with Labour's attack on removing child benefit from top rate tax payers - which it has described as an outrageous attack on children.
Well about time too.
Because the overly generous arrangements applied to only the most wealthy people in the land - and were hugely subsidised from the public purse to boot.
In fact this tax relief scam was another example - as with final salary pensions - of the many subsidising the few.
I am waiting to hear with baited breath if the Labour party and Ed Miliband - consider this to be an outrageous attack on pensioners.
Because that would be consistent with Labour's attack on removing child benefit from top rate tax payers - which it has described as an outrageous attack on children.
So much for the end of Punch and Judy politics.
