B1542 – Pensions Bill 2019. Watch
- Political Ambassador
Yes. If somebody has duel nationality then there is no need to burden our own taxpayer.
- On your first point the wording will be changed for 4.1, the total minimum will be 10% rather than the current 8% for employee and employer.
- Addressed already but those who choose to have citizenship of a foreign state and likely take their labour abroad should not expect the British taxpayer to grant them all the entitlements that those who work in the UK all their lives would receive themselves.
- This is a speculative argument based on the Mhoc government allowing the BOE to continue failing to meet their inflation targets. We must take a sustainable view of the finances no matter how much we would like to address financial woes.
- Will be amending the notes regarding the later two points.
- Yes, i'm already amending the costing a little.
Will be sorted.
It is speculative based on real ****ing life, it's not a case of the MHoC government allowing the BoE to fail to meet their targets, it's a case of the real BoE being incapable of doing it because it is not as simple as saying "this quarter inflation will be 2%, next quarter it will be 1.8%, the quarter after it will be 2.2%, and after that back to 2%", since BoE independence the average rate of inflation has been 2.8% on a CPI basis, it is not unreasonable to believe this will continue in which case you're looking at not insignificant real terms cuts
No surprise that you're silent on the fact that the intention of this bill is to introduce a 20bn tax hike and a system of double taxation on pensions, nor the fact that the bill fails to do this (bit of a trend there, Tory bills not doing what they're supposed to because they're so badly written)
So if the person was born in the UK and lived here most of their lives, contributed to the system who just happen to have dual nationality because of their parants they will be denied a pension?