From Professional Pensions:
The Green party wants to halve the amount of tax relief given on pension contributions to fund a non-contributory ‘citizen’s pension’.
In its manifesto, published today, the party said tax relief amount to a "£40bn pound government subsidy" for a failed pension system.
It said: "The performance of the private pensions industry is dismal - the total paid out in private pensions each year is no more than the subsidy that the government gives the industry."
The Greens said they would halve the amount paid out in tax relief and would further limit the annual allowance to make the sure more of the subsidy went the low paid.
It's almost as if they have been reading this 'blog... (plenty of others from left to right have said the same thing, of course, there's no copyright in facts).
Thursday, 16 April 2015
Green Party on top form.
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6 comments:
Y'know. If you look at each party's manifesto you can take a bit from each and build one good one.
This is all fine and dandy from the Greens but most of the rest of what they say is bordering on the bonkers.
L, correctamnudo.
Form the Green party we take citizen's income, citizen's pension and LVT and politely bin the other 97%. There's plenty in UKIP's manifesto to like as long as you ignore the Home-Owner-Ist stuff and "local sales tax" etc.
MW. I've got an idea!! Why not pick all those good bits and form a new Party. One that would be good for everyone, and good for the future...need to think of a good name though. Any ideas?
It's almost as if they all know what decent policies would look like, but madness, malice and greed just get in the way.
L, that's what we've spent the last few years doing.
AKH, nobody is wrong all the time. I'm sure that even the BNP or Respect manifestos have a couple of good ideas.
Mark,
"AKH, nobody is wrong all the time. I'm sure that even the BNP or Respect manifestos have a couple of good ideas."
The BNP want to scrap arts subsidies.
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