Yesterday, MPs voted to approve raising employees’ National Insurance Contributions (NICs) by 1.25 percentage points, breaking a key manifesto promise not to raise taxes. While the government marketed the rise as “progressive”, in reality it is an intergenerationally unfair tax reform which will affect younger generations the most. Lizzie Simpson, IF Researcher, explains. A regressive… Read more »
Category: Housing
National insurance, intergenerational fairness and paying for social care
Robert Ashton looks at how National Insurance could be changed for the better, raising more money to pay for social care without penalising younger generations, many of whom are already paying a greater part of their incomes than previous generations on high rents and student loan repayments. How can we make National Insurance work better… Read more »
Freedom and injustice in the time of coronavirus
Last week, the majority of COVID-19 restrictions in England were removed, marking the biggest return to “normality” that we have seen since the beginning of the pandemic. However, this does not mean the end of restrictions for everybody, as IF Researcher, Lizzie Simpson, discusses how the new settlement affects younger people differently, and how this… Read more »
It’s time for post-COVID payback for Australia’s young people
Australia has been called a “lucky country” thanks to very low COVID-19 deaths, but that has come at an economic cost to younger Australians who have not fared well. Think Forward, a newly established lobby group for young Australians who want politicians to prioritise and take action on issues of intergenerational fairness, argues that young… Read more »
What should a post-pandemic economic recovery look like for younger generations?
In this contribution to IF’s Worldwide Blog Week, Chris Wongsosaputro, Co-Chair of the Young Fabians Economy & Finance Network, calls on the government response to COVID-19 to focus on improving younger generations’ skill sets Young people hit hardest In economic terms, the COVID-19 pandemic has impacted young people more than other generations. Figures from the… Read more »
Intergenerational fairness: an economic approach
Matthew Oulton, Secretary of the UK’s Young Fabians Economy and Finance Network, economics student and young Labour activist from the Wirral, joins IF’s Worldwide Blog Week to discuss, from a left perspective, how to achieve intergenerational fairness post COVID-19 After a year of locking up the young largely to save the old, it’s hard to… Read more »
The need to create a new property tax deal that benefits younger generations
In this contribution to IF’s Worldwide Blog Week, Andrew Dixon, Founder of Fairer Share, a UK-based property taxation campaign group, argues that now, more than ever, we need a new property tax deal that benefits younger generations Housing is an essential tool for achieving intergenerational fairness. However, it is clear that young people hoping to… Read more »
At Home with Children – be part of the research
Ground breaking research is being undertaken into how families with children coped at home during the COVID-19 pandemic. Rosie Parnell, Professor of Architecture and Pedagogy, at Newcastle University, explains what the researchers hope to study and how you can get involved.
Housing for young and old is not a zero-sum game
To create more homes for younger people, we should create more homes for older people, writes Michael Voges, Executive Director of ARCO (Associated Retirement Community Operators) in response to IF’s stockpiling space report.
Planning reforms welcome but existing housing stock should be better used
The government’s planning reforms were largely welcomed by the housing sector but how we use our existing housing stock should also be part of any reform, if we really care about sustainable housing. Liz Emerson, IF Co-founder, explains