[HunchedOver]

The young will be expected pick up the tab for the old, despite owning none of the assets.

It would not be a surprise if there are policies announced to further tax the young to give 'Granny' more free money off her bills (the existing winter fuel allowance is not means tested), and further free transport round major cities (over 60s travel London free). Then there's the echoes of the lockdown nightmare, mass punishment of the young so the old could feel safer.

The response to any complaints about this generational vampirism is always of course; "you'll be old one day". Inheritance is rare to appear, all too often you hear that Granny has given it all to the local cat sanctuary. Patience is running thin and apathy is higher than ever.

If you're young, this country actively punishes and steals from you, then tells you to stop complaining. Finding hope in anyone under 60 is a tough task.

[beeboop]

We already see indirect youth tax in the USA in the form of social security - millennials will never see the benefits from their life-long contributions that the current retired age group is seeing. As it is currently benefits will decline 22% in 2034, and even further by the time millennials hit 65+.

[dogma1138]

In the UK national insurance is 13.5% from the employee and 15.5% from the employer…

And all you get is £170 a week pension if you are lucky.

So the social security equivalent in the UK comes to about 28% of the salary of most UK workers.

It does only kick in if you are paid more than £240 a week for the employee part and £170 for the employer part, and does taper off for the employee to 3.5% for income above £4300 a month but for all intents and purposes this hold true for most workers.