No doubt it came as a shock to many people when they realised the full implications of the Chancellor’s plan to “simplify” the tax situation as it related to old age pensioners. Most of us didn’t believe that we would be the targets so that he could fund the reduction in the amount of tax paid by the wealthiest in society from 50p in the pound to 45p.
When I saw the amount that the top tax payers would be getting as a result of this reduction I really couldn’t believe it. Of course from April all OAP’s will be getting a rise in their pensions as the Prime Minister was quick to remind us but that is no more or less than a rise triggered by inflation; it is not the act of a generous government helping some of the less well of in society. And in any case this move by the Chancellor will, in due course, claw it all back.
If you feel as cross about this as I do why not sign the e-petition here