Pensioners Should Be Taxed More: Rachel Reeves, Tax Tsar

Shadow Chancellor Rachel Reeves’s new tax tsar previously called pensioners ‘codgers’ who had it ‘ridiculously good’.

Sir Edward Troup, a former Tory Treasury special adviser, also said it was ‘ridiculous’ that pensioners received free TV licences and argued for them to be taxed more.

His remarks became public earlier this month following his appointment by Labour to its new expert group on combating tax evasion.

In 2019, Sir Edward made a plea for increases in corporate tax, VAT, income tax, and National Insurance payments during a roundtable hosted by the Resolution Foundation.

Advising politicians to raise taxes by stealth, the former special adviser to then Tory chancellor Lord Clarke warned that today’s pensioners have ‘had it ridiculously good’.

He said that it is a ‘complete disgrace’ that pensioners are not paying NIC, adding: ‘I’m told I can’t use the word codgers but, as I’m officially a codger, I think I will.

‘We’ve benefited from low-interest rates, high inflation when we bought our houses, we’ve enjoyed good returns on whatever we’ve managed to put into our pension funds… and it’s a complete disgrace.’

Additionally, he made the case that younger working families need to receive free TV licences.

Sir Edward added: ‘If anybody deserves a free licence to relieve them from the ghastliness of small babies… they’re the ones who deserve it.’

Craig Tracey, Deputy Chairman of the Conservative Party and MP for North Warwickshire, said: ‘It should come as no surprise that Labour’s new tax tsar wants to slap working people with higher taxes.

‘They will try to deny it, but Labour’s billions in unfunded spending pledges can only mean one thing—taking us back to square one by hiking up taxes.

‘Meanwhile, this Conservative Government are sticking to the plan and delivering a £900 tax cut for working people.’

Does this dumbbell not realise that a pensioner has to be 75 years old and receive pension credit to qualify for a free TV licence?

People paid National Insurance contributions for 35 years to receive their State Pension. It’s not a benefit; it is something we paid for with our wages when we were working. However, if you get Pension Credit to top it up, then that becomes a benefit paid for by the DWP.

The House of Lords receives more than £300 each day, which makes their situation absurdly favourable. That’s hardly what most retirees receive in a week, and that’s just for sitting their bum on a seat and not doing anything!

No one, including pensioners, should be paying for a TV licence.

People have paid into a system, and the government happily took our money that they call National Insurance for our State Pension, a bit like a bank account so that we could withdraw that money once we reached Pension Age.

Paying money into that system until we were 60-65 years of age should have been more than enough, but now our government keep putting pension age up and up. They want us to work until we drop, that way they can keep our money because we can’t withdraw it, why because we’re dead! However, theft is a criminal activity that goes on within the government all the time, and our government always prey on the most vulnerable.

People who have lived their whole lives contributing to the system appear to be being penalised so that our government may provide something they never paid for to the fresh wave of foreign voters entering our nation, and pensioners have been bled dry through Income Tax and National Insurance all their lives, and every other tax going.

Published by Angela Lloyd

My vision on life is pretty broad, therefore I like to address specific subjects that intrigue me. Therefore I really appreciate the world of politics, though I have no actual views on who I will vote for, that I will not tell you, so please do not ask! I am like an observation station when it comes to writing, and I simply take the news and make it my own. I have no expectations, I simply love to write, and I know this seems really odd, but I don't get paid for it, I really like what I do and since I am never under any pressure, I constantly find that I write much better, rather than being blanketed under masses of paperwork and articles that I am on a deadline to complete. The chances are, that whilst all other journalists are out there, ripping their hair out, attempting to get their articles completed, I'm simply rambling along at my convenience creating my perfect piece. I guess it must look pretty unpleasant to some of you that I work for nothing, perhaps even brutal. Perhaps I have an obvious disregard for authority, I have no idea, but I would sooner be working for myself, than under somebody else, excuse the pun! Small I maybe, but substantial I will become, eventually. My desk is the most chaotic mess, though surprisingly I know where everything is, and I think that I would be quite unsuited for a desk job. My views on matters vary and I am extremely open-minded to the stuff that I write about, but what I write about is the truth and getting it out there, because the people must be acquainted. Though I am quite entertained by what goes on in the world. My spotlight is mostly to do with politics, though I do write other material as well, but it's essentially politics that I am involved in, and I tend to concentrate my attention on that, however, information is essential. If you have information the possibilities are endless because you are only limited by your own imagination...

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