[Cherie]

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...