LEFT UNITY PARTY OFFER BIGGEST STATE PENSION
You cannot realise what a relief it is, to read my first reply from Left Unity Party about pensions and pensioners.
Don't know yet if I will get my state pension in 2015, with a return to women's state pension at 60 (so revoking the Pension Bill) or all the reductions or losses of the Flat Rate Pension (Single Tier) from 2016:
Click Here to see if you lose most or all of your state pension:
But the few sentences were so hopeful to me and millions of women in the UK.
REPLY ONE - BRING STATE PENSION TO LEVEL OF MEDIAN EARNINGS
Now this should put the wind up the Tories, as the squeezed middle has lost out big time to low annuities rates (buying a pension when a pension is payable) and low interest on savings.
Even UKIP, with its around 70 per cent pensioner membership and blue collar oldies, might have second thoughts, if Left Unity absorbs the ideas of No2EU?
As the changes to taking whole private pension as a lump sum are to come in force next year, the criteria is that you have a state pension payout due.
So there is a contradiction here, as you can take out the lump sum from age 55, but people have lost state pension payout til 66 for women and 67 or 68 for men already.
And the age related tax allowance was lost at 65 from 2013 and the lump sum will be liable to income tax.
Don't know what Left Unity Party offer on that one yet.
That doesn't effect me. Thousands of women have no private pension as, like me, too low waged to buy one.
REPLY TWO - GOING MUCH FURTHER TO SUPPORT PENSIONERS THAN REVERSING THE GOVERNMENT REFORMS WOULDOK great.
But no sign of revoking the Pension Bill that raised retirement age.
Or of revoking the Flat Rate (Single Tier) Pension coming into Force in 2016 that ends Pension Credit, State earnings related pension and State Second Pension.
Click here to see if you lose most or all of your state pension with those two laws:
Do I look a gift horse in the mouth?
I have to.
Because my personal fiscal cliff looms large in my financial life (what little there is of it, of course), as it does for many, many others.
Many, of course, are already over the fiscal cliff into the abyss.
Half of women aged 60-66 are within the working poor losing benefit, even threatened with housing benefit cuts if cannot move from part-time work to full-time job. These women already work 24/7 supporting grandchildren, elderly parents, husband that might be ill or disabled and themselves not in the best of health.
The majority reason women between 50-66 not in work is due to being disabled and/or chronic ill (you can have multiple disabilities and more than one chronic illness, I can attest to).
REPLY THREE - REFORM PENSION FUNDS OUT OF HANDS OF COWBOY HEDGE FUND MANAGERS GAMBLING WITH PEOPLE'S LIFE SAVINGS
OK this is mostly the squeezed middle, but then women in the squeezed middle are the biggest losers in all the tax changes to such as less child tax credits, maternity pay cuts and housing benefit cuts and loss of council tax benefit.
As women tend to be even poorer than men.
But another hope to bring the squeezed middle away from Labour as well as Tories and UKIP.
REPLY FOUR - MAKE IT A CRIME TO LEAVE ANYONE YOUNG OR OLD DESTITUTENow that will give the heebeegeebees to councillors and council leaders and direct public elected mayors of cities. (No not the ceremonial mayors that are just a cardboard cutout and take money away from charitable donations from councils, for their extra expenses for a year of their lack of any councillor work).
Labour offers an end of the private contracts with such as Atos, but Atos jumped the gun and ran for the hills already, renaming itself OH-Assist or something.
Labour mention also sacking Serco and G4S, with no mention of Capitas.
But those private companies would be directly effected by such law from Left Unity Party, as would the Department of Work and Pensions. Would it be individual or a corporate law? We not know yet.
My make-believe Swans solution, was to end all welfare admin, by the Automatic Citizen Wage of £21,000.
The average (median) wage in the UK is £26,000.
So Left Unity solves the sanctions and fit for work sanctions threatening so many lives.
I know a bit of this.
Six months I was chased by letters threatening to cut off benefits from Atos and DWP, about benefits I had never received or been eligible for, as the welfare state has ended for me. As I did not work nor receive benefits in last two tax years, I no longer am eligible for contribution based benefit, and by income based benefit my works benefit was too much.
Good thing it turned out. Because contribution based benefit is taxable and would had tax taken off it as well as from my little works pensions, when put together they are below the basic tax allowance of £9,440 (£10,000 now 2014-2015).
Despite my works pension being below the level set by Europe under international treaty law of the Social Charter for benefit and state pension.
This level now raised substantially by the promises of the Left Unity Party and offered to voters.
But there is a flaw.
Income Tax would have to rise substantially to at least a basic tax allowance of £26,000.
We watch this space what Left Unity Party says to that?
EVERYONE IS A TAXPAYER, IN OR OUT OF WORK AND HOWEVER LONG WE LIVE
Because hiding under my Swans new party moniker, I offered the end of Income Tax and National Insurance altogether, that caused the lowest waged for decades a 32 per cent tax rate on a much lower tax threshold and higher tax band. Made up of 20 per cent tax and 12 per cent National Insurance.
We are fooled into thinking only Income Tax brings in tax to government from people.
This is why politicians get away with the lie that benefits and state pensions are 'something for nothing' culture.
We all pay tax, from the 75 per cent of tax from people of Indirect Taxes and VAT, embedded in our daily lives, even on food.
So the poorest people are up to 90 per cent tax rate, so, in effect, super taxpayers.
On every drop of beer, every whiff of cigarette, every litre of petrol for an old banger that is charged far more car tax than a new car the poor cannot afford.