And Why Not A Tax On Age?

Tax
Generic Tax Illustration

But first…

Desperate times call for desperately unfair measures. A popular one is cutting back on public overindulgences like health and education. Another is increasing flat taxes like VAT rates, because they at least seem fair. Indeed the richer you are, the fairer they seem.

Basically, it’s all about finding ways to squeeze those who can least resist the squeezing.What’s the point of trying to tax the richest after all? They’ll always find ways to bribe you not to. So it’s the poor that get it.

But mammies are sacrosanct. That’s the rule, or so we thought. It’s not worth the political risk. Make life hard for the elderly, and you make the whole country angry. They already have enough to worry about – i.e., everything you ever do or might do. The last thing they need is a vaguely threatening letter, apparently designed to sow the maximum amount of fear and confusion.

Yet that’s what mothers and grandmothers all over the country have just received. Statements, to be exact, of their revised tax credits. Now I am self-employed. I do my own accounts, make my own tax returns, so on. But I have read one of these letters, several times, and I have no shrieking idea what it means.

Many retirees have a work pension as well as their state one, both of which they paid towards of course, and neither – they were given to understand – liable to tax. But now the worry is that between them they create a tax liability. This means people with zero hope of ever increasing their incomes are now in fear that the money they budgeted for is going to be suddenly reduced. By how much? Will they still be able to feed themselves, still afford fuel? They have absolutely no idea. All the have is a document covered with the calculations of bureaucrats, that might or might not represent an end to any security.

This is wanton cruelty.