Over 55s should pay for the costs of coronavirus on society
Over 55s should pay for the costs of coronavirus on society | The Independent
Who should I pay? The virus will need to be paid for eventually, but it shouldv not be those in work paying taxes who shoulder the burden. Young people, in their teens and twenties, have lost an important year of living their lives how they would wish, having been denied social interaction, access to the arts, and activities that are formative in their lives.
They also see their parents or grandparents comfortable in their large homes, with plenty of space to work from home if they need or want to. They probably don’t need to work as they are the recipients of those gold-plated final salary pensions that the younger generations are denied because they are not (or ever were?) affordable.
These millennials and post-millennials cannot aspire to those large family homes unless they can inherit them. As part of that older generation, I definitely feel I should be giving something back. In hindsight, it is obvious I have gained at the expense of the long-term prospects of young adults.
Rishi Sunak needs to be looking at how and when that wealth tax is applied to over-55s to pay the costs of Coronavirus on society. I’m even going to get the vaccine this year – it’s not clear they will.
They also see their parents or grandparents comfortable in their large homes, with plenty of space to work from home if they need or want to. They probably don’t need to work as they are the recipients of those gold-plated final salary pensions that the younger generations are denied because they are not (or ever were?) affordable.
These millennials and post-millennials cannot aspire to those large family homes unless they can inherit them. As part of that older generation, I definitely feel I should be giving something back. In hindsight, it is obvious I have gained at the expense of the long-term prospects of young adults.
Rishi Sunak needs to be looking at how and when that wealth tax is applied to over-55s to pay the costs of Coronavirus on society. I’m even going to get the vaccine this year – it’s not clear they will.
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