Whitewavemark2
A couple of things I am reading that I feel more hopeful about, if they come to fruition.
The first is Burnham’s ideas relating to social care. He originally proposed (during Blair’s government I think) that care should be, like health, free at the point of use, and paid for by a tax on the estate of the person on death. The Tories fought it like mad calling it the “death tax” and won the argument.
I do wonder if the country is now ready to introduce such a tax. I think it has merit and certainly worth giving it thought. I think that the NHS would benefit from this enormously and of course would users of the NHS - which is most of us.
The other thing is that it seems that Burnham favours the idea of a wealth tax. Now that is something I definitely think a good idea.
I think I mentioned that upthread. He talked of a 10% tax on death as a way to pay for social care. There would be no nil rate, whereas it is currently around a million pounds before people pay IHT. This would apply to everyone, so in theory the money would even out, and be fairly spread, as those with less would pay less, but IHT from those with more wouldn't have to cover everyone. I don't know whether the tax would be payable on everyone's death, or if a surviving spouse would be able to keep joint assets until their own death, but I expect that would be the case.
At face value I think that is a fair way to do it, so long as the money is ring-fenced for social care and not put in a general taxation 'pot' and spent on other things.
Galaxy I'm sure that most people are able to see that the 'hope' messaging is just that, but it is a far better message than the ones being pushed from the other side (ie hatred and division), and better than the very downbeat messaging we got from Starmer and Reeves after the election (Black Hole etc).