AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Rising Tax Paying Seniors and Election Dynamics
The chapter explores the increase in seniors over 65 paying income tax, impacting political dynamics as parties rely on this demographic for votes. It discusses the disparities in wealth and benefits between generations, especially in terms of pensions and housing, and how tax policies influence voter behavior and election outcomes. The conversation also delves into the challenges faced by young people in saving for a house deposit and proposes reforms to the tax system to alleviate barriers to homeownership.