It’s time for those who benefited from a housing boom to pay up | Letters



Glyn Davies calls for a wealth tax to fund social care, while David Hoare advocates an overhaul of the inheritance tax system

I have some sympathy with my fellow pensioners saying that they have already paid their whack. But there are two major caveats to that (Letters, 6 September).

First, contributions to the state pension in the 1960s and 70s were based on people living to their late 60s or 70s, not over 80, and didn’t cover social care – so we have not really paid what we are now drawing. And even my workplace pension was calculated on my living to just about 80, not considerably longer.

Continue reading...

Continue reading...