The current crisis in the NHS should be persuading us to re-consider the idea of a 10 per cent retirement levy to pay for social care. Everyone knows that bed- blocking is at the root of the over-crowding in our hospitals and the long waits for ambulances and in accident and emergency departments. But “delayed discharge” cannot be solved without more resources in home care and nursing homes. Massively more resources.
The lack of political courage over this issue is shameful, from all parties. Back in 2011, the Dilmot Report called for something to be done. Since then, Andy Burnham’s attempt to introduce a 10 per cent retirement levy was abandoned, even by his own Labour Party. It was ignored by the Coalition. Theresa May and Boris Johnson made various suggestions but quickly backed away from them. And Rishi Sunak thinks that by spooning out a little more money for the NHS will solve the problem.
The issue is much bigger than that, with Britain’s population aging as fast as it is. Age UK reckons we need £10bn a year extra to fund a National Care Service similar to the NHS. To raise that kind of money, we need a radical solution. An obvious source of money is a tax on wealth, and most pensioners have plenty of it.