From The Independent: A Conservative minister has been accused of resurrecting the so-called “dementia tax”, claiming that taxpayers should not be “propping up” people to keep their own homes while they were generating significant social care costs.
What is dementia tax? Theresa May’s general election policy explained – and everything that’s wrong with it
From Daily Mirror: The Conservative Party’s manifesto plan to reform social care funding provoked a huge backlash, and has been dubbed the “dementia tax”. So why is it controversial, how will it work, and what will it mean for your family?
This video footage from a Theresa May press conference has been viewed over 3 million times on Facebook.
Theresa May destroyed over dementia tax
Posted by The Independent on Monday, May 22, 2017
From The Independent: The Conservatives are buying up Google ads to stop people reading about the controversy around its “dementia tax”.
From Financial Times: Theresa May is facing a growing Conservative backlash against her plans to reform funding for social care, with critics claiming she is introducing a “dementia tax” that could amount to a 100 per cent inheritance tax rate for core Tory voters.
[Read full article on Financial Times website…] (paywall, but free registration allows access to one article per month)
Blog article from Another Angry Voice: “The Tory Dementia Tax is surely one of the nastiest and most ill-conceived pieces of legislation to ever appear in a General Election manifesto.
“It just goes to show how arrogant and out of touch the Tory party are that they thought they could get away with announcing such a malicious scheme to asset strip elderly people for the ‘crime’ of developing dementia or serious physical disabilities in their old age after lifetimes of paying National Insurance and Council Tax to cover the cost of things like the NHS and social care.
“Setting the bar at £100,000 when the average property price in the UK is £215,000 is clearly a way of harvesting the wealth of middle income families.
“The poor won’t have to pay it because they won’t own their own homes. The very wealthy won’t have to pay it because they can pay for private care in their old age. So it’s just the middle who get asset stripped. The people who worked hard and saved to buy their own properties are the low-hanging fruit the Tories have identified. They’re the target this time.
“Dementia Tax is clearly an inheritance tax specifically to extract the wealth of middle income families as they get ill in their old age, so that the Tories can continue lavishing tax breaks on the super-rich and their corporate chums (like the £70 billion that the ongoing Tory corporation tax cuts are going to cost by 2020).
“Dementia Tax is a clear and demonstrable attack on the Tory party’s own core support.”