Mar 31 2007
Pensions robbery
I am glad to see the civil service did their job and alerted the government to the problems with their tax on pension investments in the July 1997 budget.
So did we in the Opposition.
I said in the 1997 Budget debate for the Opposition:
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John Redwood has been the Member of Parliament for Wokingham since 1987. First attending Kent College, Canterbury, he graduated from Magdalen College...
Along with the decade long freeze in ISA allowances, this rather puts a lie to their claim that they want people to save for their own retirements. It seems some of them at least, want a dependant, needy section of the populace to always rely on the government and therefore vote for them out of fear. And when you think about it, this is a logical outcome, because, if everyone saves for their own retirement, they might start to say, why on earth do we need a