Cash Cow Lives On

Original posting, September 2006

Keep people alive longer to get more money out of them. The living provide money. The dead don't. Except indirectly by inheritace tax, of course. A nice earner that will never be abolished.

Too profitable. £Billions

The state extracts revenue from the aged living: funding their own keep. And this introduces property into the system at the current 'market' price before it appreciates in value. Fuelling the property market at the same time.

• 'Long-term' short-term (= sustainable) thinking is alive and well whatever the illusion. And whatever the label of a future government then the scene is set to maximise inheritance tax as property prices (not value) increase. What one government starts the next or next after that will just continue. The original blame for a bad and then worse situation then gets lost in the distant past.
  

Government by convenience