 Adam
Afriyie
MP
|
Pensions - The
Chancellor's Mean Trick
13-Apr-07, Windsor Express
Article.
Some of the most vulnerable people in our society
are pensioners, and many rely on private and
occupational pensions, that they have contributed to
throughout their working lives, to keep them in their
old age. Gordon Brown’s decision 10 years ago to scrap
tax relief on pensions is one of the reasons that so
many pensioners have had their pensions fall far short
of expected, resulting in financial hardship.
It has now come to light that the Chancellor wqw advised
in 1997 that abolishing pension tax relief would make a big
hole in pension finances, and could result in a shortfall of
up to £75 billion! But in a decision which revealed his
utter contempt for British pensioners, the Chancellor
decided to go ahead with his plans anyway, behaving like a
confidence trickster by perpetrating a sneaky and complex
financial fraud on us.
The Chancellor tells us that his decision made the
economy stronger and a Treasury spokesman has tried to blame
raised life expectancy for the shortfall in pensions. But
try telling that to those pensioners who are struggling
through their retirement due to the Chancellor’s mean trick. |
I
believe
People are happier
when making their own decisions.
Business is the
engine of the economy that generates our jobs, incomes and
taxes.
Government should
not interfere in our lives beyond protecting and defending
us.
|
