Today marks the start of meteorological summer. Traditionalists wait until the summer solstice to declare that the real summer is upon us. There are only another three weeks to wait and to enjoy the lengthening of the daylight. However, as we’ve noticed before, the ‘silly season’ has already begun and has spread from just the newsrooms to the whole of Westminster. You’ve only got to look at the front pages (link) to see what I mean.
For example, what or who on earth in Tory High Command thought that it was a brilliant idea to have Mr Zahawi, of all Tories, as ‘spokesperson’ for their campaign to scrap Inheritance Tax? The DT has him on their front page (paywalled link), announcing this demand by 50 Tory MPs. I’m sure this’ll play well in the shires come the GE!
We read in that report that “the inheritance tax threshold has remained at £325,000 since 2010 and Chancellor Jeremy Hunt has now frozen it until 2028.” (paywalled link). The arguments coming from ‘prominent’ Tories are the same which people have been making since 2010, when the then Chancellor Mr Osborn, froze the tax threshold which has remained there ever since.
Cynical old me thinks this is nought but a clever attempt by the Tories to grab an advantage for the coming election because it worked in 2010 when they beat the Brown Labour government. Cynical old me wonders why the Tory governments since 2010 have done nothing to tackle this issue, Cynical old me also thinks that Zahawi and the rest have a cheek bringing this up when their Chancellor has just frozen that tax threshold until 2028.
I’m sure a Starmer government will not touch that issue. After all, the £7bn which this tax haul brings in are needed – for the NHS, for example. Moreover, this is a wonderful opportunity to rail against the sleazy, ‘rich’ Tories who want to hand their ‘privilege’ of owning ‘riches’ to their kids.
The focus of this debate isn’t yet on age, i.e. on those despised ‘boomers’, but I’m sure it’ll come! A few days ago there was a sly opinion piece in the DT which on the face of it looks to be about WFH: : “It’s boomers who are to blame for Gen Z shirking from home – Senior management must return to the office to help younger generations” (paywalled link), starting with lambasting the ‘brick-and-pension rich’ boomers for preferring to WFH, to then declare:
“The social contract relies on the passing on of knowledge, training, expertise, behaviours, workplace culture and ethics to younger and future workers. The intergenerational transmission of workplace knowledge is at risk if older, senior workplace leaders ignore their responsibilities of passing these skills on to younger colleagues today. […] Don’t older colleagues owe it to their younger colleagues to teach them the ways of organisational culture – both good and bad?” (paywalled link)
The majority of comment posters were scathing, pointing out that, actually, most of yon ‘boomers’ were already retired. Here’s a nice little table, listing those ‘generational’ names according to their age cohorts. Apparently there’s no name yet for those born in the last ten years. Shall we call them ‘generation smartphone’?
While some comment posters pointed out that the Gen Z cohort is disinclined, shall we say, to listen to their elders, this is something which must please Labour because they seem to think that giving 16-year-old Gen Z people the vote is a very good thing since yon generation is taking ‘advice’ from their smartphones and thinks votes are like giving ‘likes’, with no consequences.
However, I detect a subliminal groundswell against this Labour proposal: more reports are now labelling the under-18 as ‘children’. For example, there’s a report in The Times about a tragedy at Bournemouth Beach (my emphasis):
“A man in his forties has been arrested on suspicion of manslaughter after two children died after an incident at Bournemouth beach yesterday. The girl aged 12 and a boy, 17, sustained “critical injuries”, according to Dorset police, and died later in hospital.” (link, paywalled)
Disregarding the tragedy, note well that a 17-year old is now still ‘a boy’, not ‘a youth’. Perhaps it needs tragedies like this one, calling these youngsters ‘boys and girls’, to lead to a re-think of this ludicrous vote-grabbing strategy. Surely, if ‘boomers’ and other pre-Gen Z generations are meant to teach the Gen Z children, they cannot be expected to grasp the consequences of their voting behaviour by themselves.
Perhaps the Tories ought to hone their arguments for scrapping the Inheritance Tax by addressing Gen Z, telling them that the Treasury, the State, or indeed Labour plan to rob them of the fruits of their parents’ or grandparents’ work. Isn’t inheriting those ‘riches’ their due because yon older generations have ‘robbed’ them of all that makes for an easy life?
That’s all I have for today. Summer has arrived, with grey skies and low temperatures, and silly ‘news’: how very traditionally British! Have a good day.
Today, by accident I watched an interview on ‘Rumble’. It was between a woman bbc smear specialist and a bloke I’d never heard of. His name, Andrew Tate – no me neither, but I bet Col. Aitch knows him. Seems this bloke is a very well known web blogger, who has been accused of some pretty serious crimes.
Keeping in mind, innocent until proven otherwise, the bbc madam tried all sorts of conflated comments and putting words into his mouth and so on, to smear him. Miss Bossy-Boots BBC&Bar, also told him he was not to ask questions of her, in his own home.
Bottom line: when the ‘interview’ finished Miss B-B looked like she had had a pineapple enema. Didn’t lay a glove on him. Made my day!
With nothing working , never mind correctly, in spite of vast sums of money poured into government. I still haven’t heard anyone admit to the possibility that it is deliberate . There is a simple answer to almost every stupidity, but it is never used. Has anyone in a responsible position yet admitted it publicly.?? That is the only valid excuse for our plight. That it is policy. ? So say it.
The silly season is truly upon us and I am glad I listen/watch so little of what is laughingly called “news”. I live in an area which is extremely popular with tourists who I do welcome for our suffering economy. But the only drawback is everybody likes to visit us in the summer and it’s like running an “all inclusive” holiday home sometimes. I must admit it’s getting exhausting and we have only just started and have people coming shortly for nearly a month. It would be nice to get invited somewhere occasionally.
On some points made above, the so called useless eaters i.e. “boomers” mostly worked all their lives and did not have everything handed on a plate. When I was first married in the early seventies I had two jobs for a long time before starting a family to pay the bills. We bought second hand furniture until we had saved up enough to buy something new. I have now got to make a decision on whether to spend most of our savings on a stairlift and wheelchair or pay for private surgery so I can walk. Our NHS trust spends millions on complicated websites and “consultations” which they then ignore. Just getting it off my chest.
Lisa- Your comments rang some bells. I bought my first house mortgaged up to the eyeballs, and a couple of weeks later, I had a work promotion. Travelling and being away from home allowances removed, plus no overtime and other items resulted in a huge income reduction. Oh and mortgage rate went up.
Several months saving later, the Salvation Army had my first chairs and a table going cheap. Some months in a sleeping bag after that, got a bed. And on it went.
Taxed all my life, I’m told to get private medical support – often by the same doctors/punters who work three days a week for the nhs, but can’t see me!
Where did all the tax money go?
The 50 MPs calling for the abolition of IHT, which they must know has zero chance of happening, are just engaging in theatre with Zahawi posturing in the hope of currying favour somewhere or desperate to be in the news again. Its news as hypothetical and a distraction from real news.
Viv, I asked myself ‘what on Earth is generation Z and so on’. Following the pointer, it is Merican paper, by a Merican institute. ‘Avoided The draft’ gave it away.
Is this division really applicable / comparable to our GB ration hit, taxed till the pips squeak, paying off debt (to the Mericans for a few rust buckets until last year and that mantle taken now by Ukraine from here-on-in), and worse?
Criterion – Two cars in the garage – USA v GB? What’s a garage many ask? Not quite the same measure of prosperity.
Freezing the tax threshold during high inflation is a cold blooded attack on people. It’s appalling and cruel and a cold blooded noose for the poo r. With inflation on inflation on inflation compound over that period fixed by mathematics at absolute very best The pound in your pocket will ,by 2028 be worth 32 p. Then if you take tax off , you’ll get to spend 25 p
A quarter.
That’s Hunt Sunak and the Treasury for us. Bad, criminally Sly, contemptuous and lying. The Baron fencing in the common..