{"id":75722,"date":"2024-05-28T06:56:21","date_gmt":"2024-05-28T05:56:21","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=75722"},"modified":"2024-05-28T06:56:21","modified_gmt":"2024-05-28T05:56:21","slug":"sunak-can-find-the-cash-when-it-comes-to-pensioners-the-question-is-who-will-he-make-pay-the-price","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2024\/05\/28\/sunak-can-find-the-cash-when-it-comes-to-pensioners-the-question-is-who-will-he-make-pay-the-price\/","title":{"rendered":"Sunak can find the cash when it comes to pensioners. The question is, who will he make pay the price?"},"content":{"rendered":"

The FT features a story<\/a> in all the papers this morning, highlighting Sunak\u2019s bung to pensioners, who are the only group left in society likely to favour the Tories:<\/p>\n

\"\"
\nThree thoughts.<\/p>\n

First, as with the ludicrous conscription idea, it seems that Sunak can find the capacity to spend when it suits him.<\/p>\n

Second, this is not a tax cut. It is a lifting of allowances to prevent tax being paid. Given that the state pension system is not set up to deduct tax at source, in pure admin terms this makes sense.<\/p>\n

Third, why is it only pensioners who need protection from fiscal creep?<\/p>\n

I expect Labour to copycat this.<\/p>\n

Both parties need to be asked who they will penalise as a consequence given their utterly unnecessary dedication to balanced books.<\/p>\n

The lack of need to penalise anyone needs to be highlighted by interviewers.<\/p>\n","protected":false},"excerpt":{"rendered":"

The FT features a story in all the papers this morning, highlighting Sunak\u2019s bung to pensioners, who are the only group left in society likely
 Read the full article…<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96,204,35,122,16,106],"tags":[],"class_list":["post-75722","post","type-post","status-publish","format-standard","hentry","category-conservatives","category-economic-justice","category-economics","category-election","category-ethics","category-politics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/75722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=75722"}],"version-history":[{"count":1,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/75722\/revisions"}],"predecessor-version":[{"id":75724,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/75722\/revisions\/75724"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=75722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=75722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=75722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}