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Transcripts for BBCNEWS Newscast 20210910 00:38:00

that just about sweetens i the pill enough it doesn t, but nobody is pretending that it is a perfectly- progressive picture. one would want to be taking - more from those people who have benefited from house price gains and everything else. | if you added those i elements, that might be progressive enough. how could you recoup a bit of extra money from the value of people s homes? well, what one learnsl after a long time trying and often failing in politics with policy ideas is- that the thin end of the wedge is the most powerful force - in human life. and this is the thin end of the wedge. | any future government will now be able to build on this. - some of them will add an extra higher rate for higher earners. i other governments might add a higher rate for people - over the age of 40.

Transcripts for BBCNEWS Newscast 20210910 20:38:00

in 2018, she knew full well that there was political pain to come if it - ever went anywhere. she knew you had to be - extending national insurance payments to the earnings of pensioners, so those increasingly many pensioners who work after retirement age, - they currently don t pay national insurance, and we knew- they would have to pay this. secondly, we need to find a way of gettingl other sources of income that wealthier pensioners have, and that again is secured through the levy. being charged on dividend income as well. that just about sweetens the pill enough it doesn t, but nobodyl is pretending that it is a perfectly progressive picture. one would want to be taking more from those people - who have benefited from house price gains and everything else. if you added those - elements, that might be progressive enough.

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