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D66 call for pension age hike by 2024Monday 22 March 2010 An increase in the state pension age to 67, spending cuts of €15bn over the next four years and limits to mortgage tax relief are among the main policy initiatives in the D66 election manifesto, party chairman Joris Backer told tv show Buitenhof on Sunday. The Liberal democratic party wants to ditch the two-step pension increase plan worked out by the current cabinet and replace it with two year increase phased in over 12 years. The increase will generate €4bn a year for the treasury, Backer said. Treasury In addition, the €29bn-worth of cuts necessary to get government spending back under control will take place over eight years, with €15bn of cuts earmarked for the first four years. More details of where the cuts will take place will be included in the full manifesto, which will be published later, he said. The party wants to reduce unemployment benefit to one year, but increase the pay-out for the first three months to 80%. And it wants to limit the generous mortgage tax relief system - a politically sensitive issue. GroenLinks The left-wing green party GroenLinks is set to publish its manifesto for the June 9 vote on Monday afternoon. Kathalijne Buitenweg, who chairs the manifesto committee, told Buitenhof her party wants to scrap mortgage tax relief in its entirety by 2040. The party also plans to invest heavily in education and reduce the size of the government apparatus. In particular, it wants to cut the number of MPs in the lower house of parliament from 150 to 100. © DutchNews.nl
Prince Burnhard, what exactly are you trying to say? We are living longer, having less children, limiting immigration, do the maths. Pension ages have to go up! Don't like it? Pay for your own damn retirement. By Marc | March 23, 2010 8:59 AM Marc, I'm saying put the banksters and corporate thieves in jail, rather than handing them the keys to the treasury. Seniors did pay into these pension funds, which seems to be why not even the most elitist, self-centered of parties are willing to up the age right away. So, the baby boomers who were front and center getting your country into this mess get their retirements in time, but the later generations (who also paid in their whole lives) get the shaft. If you're going to be cold-hearted and cut the pensions, at least don't do it in such a shady and underhanded way - come right out and cut the baby boomers retirement time. See how far you get messing with the most self-interested group of them all. Besides, I thought the whole mantra of D66 was something new, other than the old corrupt political groups - seems like they're just following the trend towards corporate fascism on this issue. By Prince Burnhard | March 23, 2010 7:27 PM
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How will these self-centered yuppies like it when the next generation raises their pension age up to 75 in a few decades time? When you're on deaths doorstep, wrinkled like a prune, what's another few years at the grind, eh?
Seriously though, what goes around, comes around - and right now the western world is busy stabbing each other in the back.
Meanwhile, crooked bankers and corporate pirates are enjoying their ill-gotten gains on the beaches of off-shored tax havens. Waiting for the anger to dissipate so they can come back and do it again, once these masive cuts 'right' the ship of state.
So, keep granny working to pay for a crisis engineered by thieves, but don't be surprised when your children turn around and do the same to you in due course.
By Prince Burnhard | March 22, 2010 2:00 PM