Calling all UK Pensioners - A Petition worthy of your attention (Not frozen pensions)

[Moonlover]

Our tax thresholds have frozen for three years now. That's ALL of us, not just us expats. Here's a petition calling for pensioners thresholds to be raised and give a chance to improve all of our living standards. This would increase my net income by approx 1,000 pounds.

 

https://petition.parliament.uk/petitions/702844

 

[treetops]

We'd all like extra money in our pockets, but if they take it from there they'll just have to raise it from somewhere else which could affect us adversely just as easily as this would benefit us.

[Moonlover]

4 minutes ago, treetops said:

We'd all like extra money in our pockets, but if they take it from there they'll just have to raise it from somewhere else which could affect us adversely just as easily as this would benefit us.

For some people in this world, their glass will forever be half empty won't it.

[treetops]

Just now, Moonlover said:

For some people in this world, their glass will forever be half empty won't it.

 

Yes, I've met a few but please don't put me in that group.  As said, I would like the extra money in my pocket too.

 

Tell me where you would raise the money from if you were the Chancellor and did this.

[petermik]

7 minutes ago, treetops said:

 

Yes, I've met a few but please don't put me in that group.  As said, I would like the extra money in my pocket too.

 

Tell me where you would raise the money from if you were the Chancellor and did this.

By cutting the handouts to folk who have never contributed to the system....if you aint got credit you don`t get credit...👍

[treetops]

Just now, petermik said:

By cutting the handouts to folk who have never contributed to the system....if you aint got credit you don`t get credit...👍

 

I'd go along with that and it wouldn't affect most taxpayers so win-win.  Can't see Rachel from accounts doing that though.

[Moonlover]

2 hours ago, treetops said:

 

Yes, I've met a few but please don't put me in that group.  As said, I would like the extra money in my pocket too.

 

Tell me where you would raise the money from if you were the Chancellor and did this.

I'm no expert in the macroeconomics of a country, However the proposer of the petition, Alan David Frost,  suggests that:

 

'.......... increasing the allowance would boost the economy by giving people more spending power, reports the Daily Record.

 

The petition, advocating for the raise of the income tax personal allowance to £20,000, claims: "We think this would help low earners to get off benefits and allow pensioners a decent income."

 

This seems to be more than just putting a few extra pounds in pensioners pockets.

 

https://www.express.co.uk/finance/personalfinance/2010732/petition-increase-personal-tax-allowance-20-000-all-you-affected