The following from the BBC explains what pensioners are likely to lose: 'Figures from HMRC show that, taking inflation into account, this will
leave 4.41 million people worse off than they would have expected, by
an average of £83 a year in 2013-14.
People due to turn 65 after 5 April 2013 will miss out on an
average of £285 compared with what they expected in 2013-14. The biggest
loss is £322 that year.'
That's a lot of money to lose when you are on a fixed income, especially with inflation higher than expected and the cost of living increasing.
Reading
& District Labour Party Media Release
16 April 2012
Jo
Lovelock : Wilson and Sharma should vote against the granny tax this Thursday
The Labour Party is forcing a vote in the House of Commons
this Thursday against George Osborne’s ‘granny tax’ and Labour Leader Jo
Lovelock says Rob Wilson and Alok Sharma know their constituents agree with
Labour on this issue and should vote to stop the tax going through.
“Pensioners have
had a raw deal under this Government,” she says, “but with the tax raid on them
announced in the recent Budget, George Osborne is making tough times even
tougher for older people. Everybody I have spoken to is appalled by the fact
that millionaires will be getting a tax break while 4.4 million pensioners lose
out, and I am sure both Reading’s
MPs have been getting that message loud and clear from their constituents.
“To members of
the public I would say it is not too late to tell the MPs your views, and I
would urge you to email robwilsonmp@parliament.uk or alok.sharma.mp@parliament.uk as appropriate.
“If Reading’s Conservative MPs
back the Government on Thursday, they will be saying that they are only in tune
with the super-rich, not the people who have worked all their lives and were
hoping for a comfortable old age, and their families. I urge them to do the right thing for once.”
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