The problem is that the money will come from increased taxes and cuts in Defence and perhaps Education spending-there may also be a time approaching when the State Pension will only go to those who do NOT have a substantial private pension or tax relief of private pension contributions will be restricted.The latter could bring in billions, even just reducing it to basic rate relief.Total figure for this tax year is around £41 billionSpijed wrote:"The rest of the money will come from what ministers are calling a “Brexit dividend”, by diverting the £9bn the UK pays into the EU budget to NHS funding."
So where is the other money going to come from to pay for all the other subsidies that farmers, businesses and other organisations currently receive from the EU if the money is now going to go to the NHS?
Sadly both parties keep kicking the can down the street when it comes to health and social care funding and one cannot question why person A has to fund the care of person B's reckless and feckless behaviour yet when shove comes to push the cost of person A's drug treatment for Von Schnitzel's disease is judged too much for the NHS to pay.
But as others have posted there is little in the Brexit dividend, at least in the short term