The triple lock is unsustainable. After a 10% boost because of inflation they’re about to get an 8% boost due to wage rises at a cost of 2.2b to workers. During a decade of stagnation they got the 2.5% boost creating an unsustainable debt.
We give more money to old people than defence, policing and education combined. You get less than 50% return on your taxes handed over.
It’s just not sustainable. These are exactly the people who should be paying tax in a fair society. Rejoining the EU and taxing a few companies won’t suddenly reduce the problems we have, it’s stupid to even suggest it given the gravity of our situation. We have the highest taxes in 75 years, a student loan puts your tax rate to 63%. Boomers got paid to go to uni. Our debt obligation is practically where it was after the Second World War.
People need wage rises to pay for housing that’s tripled in price since the 90s. Old people don’t have mortgages and they got help with their gas bills through other schemes… so why are you defending giving them 18% uplift when workers had to strike for just 6%?