Boris Johnson Advocates Inheritance Tax Cut to Secure Future for Younger Generations

By -

In an exclusive piece for the Daily Mail, the 59-year-old former prime minister, Boris Johnson, is championing a reduction in inheritance tax, aiming to empower Baby Boomers to pass on a more substantial portion of their vast wealth to the next generation.

Reflecting on the stark contrasts between his generation and today's youth, Johnson acknowledges the challenges faced by younger individuals. He highlights the privileges enjoyed by his cohort, such as comfortable pensions, tuition-free university education, affordable mortgages, and the ability to become homeowners—a stark contrast to the hardships faced by today's youth.

"We had it easy—cushy pensions, free university education, affordable mortgages, and the opportunity to own homes," he reminisces, emphasizing the considerable disparities between the experiences of his generation and those who came after.

As Chancellor Jeremy Hunt prepares for the upcoming Autumn Statement, Johnson raises a pertinent question: "Given the colossal wealth we've amassed, isn't it fair that we leave a bit more for the generations following us?" He contends that, in light of the challenges faced by today's youth, a reduction in inheritance tax is a fitting solution to enable Baby Boomers to leave a more substantial legacy.

Boris Johnson's call for a cut to inheritance tax underscores the broader conversation about generational wealth and the desire to bridge the gap between the privileges of the past and the challenges of the present. As the debate unfolds, the impact of such a policy change on the economic landscape and the prospects of future generations will undoubtedly be subjects of keen interest and scrutiny.

Comments

Post a Comment

Popular posts from this blog

Characters In BBC’s Documentary On TB Joshua Unknown To Us – Synagogue Church

By -
Image
  The Synagogue Church of all Nations (SCOAN) has countered the BBC documentary on the late Temitope Babatunde Joshua, known as TB Joshua, founder of SCOAN. SCOAN described the documentary against TB Joshua as unfounded, and that the characters interviewed in the report were unknown to the church. The church, in a statement signed by its Public Affairs Director, Mr Dare Adejumo, said the statement was aimed at disabusing public minds from the report. The News Agency of Nigeria (NAN) recalls that the BBC released a highly controversial and damning documentary on the late TB Joshua on Monday, accusing him of various crimes, including rape, against some members. SCOAN said, “BBC World Services investigative unit, code-named Africa Eye, came out this week with weird and strange episodes of atrocities against the late founder of SCOAN.” It said that to investigate and publish or broadcast reports was a central kernel of journalism, but to do so outside the ethics and fundamental principles
Read more

NBA Suspends Canada’s Joshua Primo For 4 Games For Exposing Himself To Women

By -
Image
  The NBA has suspended former San Antonio Spurs guard  Joshua Primo   for four games   ... after it says it found he exposed his private parts to multiple women. The league announced the ban on Friday morning ... saying an investigation into the free agent revealed he had "engaged in inappropriate and offensive behavior." NBA officials called his actions "conduct detrimental to the league." They did, however, note that they "did not find evidence that he engaged in any sexual or other misconduct apart from these brief exposures." "Primo maintains that his conduct was not intentional," the league said. Dr. Hillary Cauthen , Primo's former therapist, was the first to  bring the allegations  against Primo to light after she claimed last fall that he exposed himself to her on nine separate occasions. Dr. Cauthen's attorney,  Tony Buzbee , alleged the Spurs were aware of Primo's actions, but didn't take action. Cauthen went on to file
Read more

Sky Sports' On-Air Mix-Up: Chelsea Players Mistakenly Introduced as Axel Disasi Instead of Noni Madueke in Carabao Cup Semifinal

By -
Image
 Sky Sports were left red-faced after an on-screen graphic mistakenly introduced Chelsea defender Axel Disasi as Noni Madueke on Tuesday night. The pair were both the scoresheet as the Blues thrashed Middlesbrough 6-1 at Stamford Bridge in the second leg of the Carabao Cup semi-final to boo their place at Wembley. But when Disasi spoke to Sky Sports after the game, an on-screen graphic introduced him as Madueke instead. Madueke is four years younger than his Chelsea teammate, plays in a different role and is English, while Disasi is French. Viewers immediately spotted the mistake and took to social media to flag up the glaring error.  Sky Sports with a huge mistake as that is Axel Disasi, not Noni Madueke,' another added, while a third described the gaffe as a 'howler'. A fourth commented: 'Sky sports calling Disasi Madueke. They’ve done it again.' Disasi scored Chelsea's third goal in the 6-1 rout, converting Raheem Sterling's cross at the far post after th
Read more