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Rents will only get higher with additional costs and legislation/ regulation - as well as people disposing of their portfolios.

Lots of people would need to work at what they are good at for several hours to be able to pay someone else for an hour of what they are good at though. That’s assuming that the more hours they work, the more money they are paid.

I don’t disagree, but it certainly feels like boomers are being blamed.TBH it’s pretty counter productive and will end up with boomers becoming ultra defensive.

How do we do that, then?

Maybe the blame rests with the pre-boomer generation. They got to retire at 65/60, bought houses for even less than boomers did and would have maxed out under right to buy. Their private defined benefit pensions schemes would not have been overly affected by Brown’s tax grab, unlike boomers for...

Hang on, you were suggesting that the costs of health and social care and pensions was more than the costs associated with the asylum system. It’s fucking obvious the point I am making, that indigenous people (regardless of colour) have and continue to pay taxes whereas the asylum seekers...

So immigration has had an inflationary effect in house prices.

I assume all of you who are hundreds or thousands of pounds better off will donate that money to a worthy cause rather than squandering it on Milky Bars.

You do need to take account of the taxes paid and continuing to be paid by the indigenous population.

Source?

As does everyone else.

Having said I am £0.76 pa better off, that is entirely down to the 1p off per pint. Which won't be passed on so that's that gone.

I used one on Guardian. https://www.theguardian.com/uk-news/2024/mar/06/budget-calculator-2024-better-worse-off-interactive-tool-chancellor-tax-spending It would be interesting if it was possible to put the actual budget in to the "simulator" @shmmeee shared a little while ago to see whether...

Anyhoo, what do we all think of the budget? State pension aside, I am £0.76 per annum better off. Net effect of changes to state pension/ wfa I am £18 per annum worse off. I will have to stop buying a loaf every month.

Thanks for this interesting article. I had genuinely forgotten that years ago my colleagues and I had spent hours during lunch breaks discussing and agreeing how we could screw up all subsequent generations. The politicians who actually made the decisions of course weren't boomers. Boomers...

OK then, lets take politics out of it. There's a graph that looks like inequality has reduced over the last 14 yers.

OBR report didn't support the £22bn claim, more like £9.5bn. Which of course Labour promptly doubled.

There is graph that looks like inequality reduced during 14 years of Tory misrule

Oh dear, what a shame.

Public sector pensions don’t leave a pot of money after death which can be bequeathed to someone - there is nothing to tax.