ChatterBank1 min ago
Sunak and Hunt.
Rishi and Jeremy Have taken a pair of bolt cutters to the triple lock rise for State pensioners.By giving them a £692 a year rise for Basic pension with one hand, and taking back £530 with the other hand in Tax. Due to freezing the tax threshold. Hunt could come up with this one.
Answers
State pensions aren't means tested so the tax people pay relates to their total earnings. The original figure recycled here was come up with by Ed Davey according to that article: he's quoting certain cases and I'm sorry to say being economical with the truth. There no doubt are some people paying that much extra in tax maybe even more - probably the wealthier ones but it's nothing to do with tampering with the "triple lock". Someone's read something and quoted it without understanding.
A typical person on a state pension isn't having to hand back three quarters of their pension rise is tax. I can't find any source that quotes that. The triple lock in any case is supposed to help keep people's standard of living the same, not make them wealthier
He simply copied/ retyped them without having a clue whether it was daft as it suited the wind up agenda. I dontvthinl He has a clue or cares whether it's nonsense or not.
He does his party / case no favours and unfortunately detract from any serious message, like the stealth tax with allowance freezes.
He is basically comparing one years pension increase for one group of pensioners with several years tax increases for average pensioners including higher rate taxpayers with big private pensions.
It's a daft comparison.
But he gets responses.
gulliver, to laugh so much when someone makes one typo is hilarious considering your use of random capitals and incorrect use of spacing around punctuation marks, combined with your inability to copy and paste. But if it helps you avoid addressing the issues and defending your porkies and wind-ups, it's all I'd expect from you