General Election 2015 – Tax Implications?

N1AK

michaels wrote: »

Taking from pensioners to give to high earners, can't get much more progressive than that, Labour supporters will love it.

As stupid as taking from wealthy pensioners to give to wealthy students is, it still looks appealing vs taking of the working poor and giving to wealthy pensioners which is the current governments priority

lvader

Moby wrote: »

Besides I've never understood why people who earn more are entitled to a higher rate of tax relief on their pensions.

They get full income tax relief just as basic income tax payers do, the only real winners are people like my wife that earn less than the personal allowance.

N1AK

michaels wrote: »

Wouldn't it make more sense to help lower paid graduates rather than higher paid ones if you want to be 'fairer'?

You would think, but we all know this policy is more about appearing to do something (and making the Liberals look bad) than good policy. Just like pensioner bonds have nothing to do with helping savers, and everything to do with buying the votes of wealthy pensioners.

lvader

Anyone seen the fine print yet about repaying student loans under this new Labour policy? Same as now or less generous like the previous scheme under Labour.

CLAPTON

It won't take long for the richer people to work out that Ed is reducing their costs of educating their children by 3k per year and vote labour : clever thinking.

lvader

Not that I'm particularly well off but I never had any intension of paying for my kids Uni fees! The loans are perfectly fine. I'd rather help with house deposits etc.