The boomers guide to online dating speed dating chelmsford essex

Baby boomers – born between 19 – are sitting on record levels of wealth and are poised to receive a bumper 20 per cent more in support than they will have contributed in taxes over the course of their lives.

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” "This is the moment when the chickens come home to roost for all of us, but the baby boomers in particular." He will declare that: ”The age of tax cuts is over.” In its place should come more taxes on property and inheritance.

Failure to make tough choices about how we care for an ageing population will inflict further damage on the already frayed social contract between old and young, Lord Willetts will argue.

Welfare spending is set to soar by £20bn a year by 2030 and by £60bn by 2040, new analysis by the Resolution Foundation shows.

The obvious source to plug this funding gap is higher taxes on the £6 trillion of wealth accumulated by the generation now set to retire, Lord Willetts will argue.

But he has since styled himself as a champion of younger generations in his role as chair of the Resolution Foundation, which is conducting research into fairness between age groups.

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