Well to be honest the dinner was a pretty rubbish affair all round and now we face the bill.
The Covid bill, which is going to entail more and more to be spent on Healthcare as the Country ages and with worse health outcomes. Plus the nurses and doctors who deserve 15% pay rises, them too.
Having seen the leaks from the Government that they are going to raise National Insurance, one of the most invidious taxes that hits both employees and employers, to pay for Social Care.
Where is the capitalist and market answer from the Government? Surely the obvious solution is to create a subsidised insurance group, Government owned, that people could pay into and indeed have different level so potential care. This way if Tarquin is very worried about the family home, he could top up the insurance to make sure it did not get sold to pay for care.
To me, why should the Government take this whopping amount of money to subsidise the middle class to keep their inheritance. It is another rubbish policy choice, rewarding the old (who don't pay NI anyway) and the middle class (who could afford the care). It is not great for high earners as they actually pay the NI and it will mean another drop income for them, when they already pay 37% of all taxes.
What has happened to the British government over the last two decades, it has totally switched to always seeking more central power and tax raising. The Blair government's spited inheritance continues to affect us to this day.
