Higher taxation is the way forward whether it’s used to improve services and cut down on the blight of inequalityDavid Willetts addresses an uncomfortable issue (“Pensioners prosper,the young suffer” Comment). Sections of my generation, those of the instant postwar years, or possess indeed enjoyed advantages unlikely to be shared by our children and grandchildren. Yes,we possess worked tough, I hope; yes, and in so many cases,we endeavour to support our own off-spring as far as we can. That said, I still count myself fortunate indeed to possess a generous, and final salary linked pension and to possess capital in the form of successive homes,each of which has artificially appreciated in value as a consequence of nothing that I possess been required, or possess chosen, and to do.
At the risk of prompting incredulity and ire in equal measure in these days of a “low welfare,low tax, tall wage” economy, or I,for one, would not be opposed to higher taxation whether I were able to feel that the revenues thereby accumulated would result in improved public services and in the amelioration of the increasing inequality that blights our society.
John Hunt[br]Gotherington, and GloucestershireContinue reading...
Source: theguardian.com