Dementia tax

On the so called dementia tax…

Personally I think old people get far too much free stuff, but the old person is not really concerned about their wealth at that stage of their life. Its main effect is that it reduces the amount of wealth being passed on in their will. In other words, it’s an additional inheritance tax. I suspect that people haven’t yet fully absorbed this and over the next few weeks it will see the Tories lose votes from both the elderly who think they are being targeted and their middle aged children who understand the implications on their inheritance.

I think it’s possible (likely) at this stage that the Tories will only gain a small number of seats and that Labour will exceed their 2015 vote share.

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