John Smith wrote on Mar 28
th, 2017 at 3:48pm:
Aussie wrote on Mar 28
th, 2017 at 12:59pm:
John Smith wrote on Mar 27
th, 2017 at 11:03pm:
Aussie wrote on Mar 27
th, 2017 at 10:09pm:
Yeas....and how does she do that, Mr Smith?
i thought we were discussing the pensioner problem, not her own problems. They have happy drugs that can help her with her problems.
Her story is what the pension problem is partly about. She is siting on a $800,000 pile of cash but it is her home and she does not want to be out of it. Totally understandable.
whilst I understand her sentiments, and if we were in a better position I would advocate that the govt. do more, the fact remains that we aren't in a position to do what we like and it's up to her to look after herself.
This is one of the reasons I think they should consider a inheritance tax. The pensioner hoards away their assets while milking the taxman, so as to leave their kids something. Meanwhile the taxpayer has to make up the shortfall.
Nah. Just because she lives in her Home and has for decades, one which is worth net $800,000.00 does not mean she must be forced to sell up while her, let's say Sister, lives in her home which is worth net $300,000.00 and is not forced to sell.
The Home of anyone and everyone ought never be included in any pension means test.
Inheritance tax. That's another issue, and one which was dealt a fatal bow decades ago with the abolishment of 'death duties.'
Even if it were brought in, I'd confidently expect the Home would never be included.
Get off the Pensioner's back Smith. You'll be there one day.
nah ... to many 3 and 4 bedroom houses are currently being occupied by either single old women, or a single old couple.
move them into an independent living nursing home and free up the homes for those that need them.
As for me, when I go on the pension I'll gladly move into a old codgers home. I don't expect my kids to pay more taxes so that I can live in a big empty house.