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Old 08-05-2018, 03:34 PM #1
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Cherie Cherie is offline
This Witch doesn't burn
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Join Date: Oct 2011
Posts: 66,797

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Strictly 2020: Bill Bailey
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Default All 25 year olds should be given 10K 'inheritance' says think tank

1 02-04-2018 16:05
All UK-born citizens should be given £10,000 as a “universal minimum inheritance” when they turn 25 to help address growing wealth inequality, a thinktank has proposed.

Tax reforms and a selloff of assets including the government’s stake in Royal Bank of Scotland could help create a citizens’ wealth fund worth £186bn by 2029/30, the Institute for Public Policy Research (IPPR) said.
Such a fund would give everyone a stake in the economy and help young people invest in their futures, for example through buying a property, investing in education or starting a business, according to a report for the IPPR Commission on Economic Justice.

The fund could be large enough to pay all 25-year-olds a one-off capital dividend of £10,000 from 2030.

https://www.theguardian.com/politics...says-thinktank

Edit to add link to the IPPR policy paper:
https://www.ippr.org/files/2018-04/c...march-2018.pdf

Is this the worst idea ever? and 2030 so no one on here will get it...
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Last edited by Cherie; 08-05-2018 at 03:34 PM.
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