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Conservatives

The Tory tax hike they promised they would not make – another bribe and another betrayal of a generation

In their 2019 manifesto, the Tories said they would not hike Income Tax or National Insurance. Today we learn that an NI hike of 1-1.25% is planned to help shorten NHS waiting lists and to pay for care for the elderly. So the Tories lied. But it is worse than that. What is proposed is manifestly unjust, it is the transfer of wealth from those without to those with it.


That NHS waiting lists have shot up is down to doctors refusing to see the public in person and the measures taken to “save the NHS” from a plague with a 99.97% survival rate. And most of those measures were designed to protect those most likely to die who were old folks. The average age of a covid death is 83, that is to say longer than UK life expectancy.


So all the measures taken were largely to help the old with their safe triple-locked pensions and wealth accumulated through years of house price inflation. Those gaining were the generation who got free university tuition and even grants, not loans. Those losing their jobs, having their university lives wrecked by the measures there to protect the old were the young, very few of whom had bodies that would succumb to covid.


Now it is the young, those in work and those who will be in work who will have to, via higher payroll taxes, suffer the burden. These include the young folks who cannot afford to buy their way into the property market or who have to borrow vast sums to clamber on, something that may well come back to hurt them later on. This is monstrously unfair.


I write as someone nearing the end of my career and whose wife owns two very large houses. Why the hell should younger folks have to pay for my end of life care? My father needed constant care in his last two years but that was care which, rightly, since he had cash, he paid for. It means there was a bit less for what he termed the nest of vipers, his six children, to inherit but so what? Surely it is right that we “paid” for his care rather than forcing others, set to inherit less capital and mostly with lower wages, to pay via higher NI?


This is a crude calculation by the Tories. Older folks are more likely to vote than younger folk and when they do vote they are more likely than the young to vote Tory. This is about stealing from those who have suffered to transfer wealth to those who are already privileged but who are likely to vote Tory. And, as for NHS waiting lists, is chucking even more cash at an organization which pisses away so much on overpaid GPs who refuse to see patients or on £75,000-a-year diversity coordinators, going to offset the results of 18 months of “protecting the NHS” blunders?


My wife and I will be net winners from these proposals but that cannot blind us as to how utterly wrong they are. They are another reason why nobody of conscience can vote Tory next time.

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Complete Coverage

That Was the Week that Was 7 Days of ShareProphets

Thursday »

Greek Tear
NEW: Win an off peak week at the Greek Hovel and help me out contest
  • By Tom Winnifrith
  • 22 October 2026, 16:05
IKA
Ilika – “Launches ORKA Brand for Marine Applications”, ramptastic?
  • By Steve Moore
  • 22 October 2026, 16:05
Bearcast
Tom Winnifrith Bearcast: helping Wishbone gerbils with maths on its cash crisis & the AQSE paradox
  • By Tom Winnifrith
  • 22 October 2026, 14:27
Crime-Scene
A Message from Paul Mathieson
  • By Tom Winnifrith
  • 22 October 2026, 14:14
FAB
Fusion Antibodies – a “delighted to have secured” contract win, attempted ramptastic?
  • By Steve Moore
  • 22 October 2026, 13:19
VLRM
Chat GPT analyses the Valereum LIES ( 2026 only)
  • By Tom Winnifrith
  • 22 October 2026, 12:39
JR-Ewing
Video: ‘Ragingly Tight’ Diesel Markets, Skyrocketing Inflation & The Escalating Iran War
  • By Tom Winnifrith
  • 22 October 2026, 12:30
VLRM
BREAKING: Valereum – this is FRAUD Part 2 on the California Bezzle
  • By Tom Winnifrith
  • 22 October 2026, 12:21
WSBN
A letter to London’s worst Nomad – re Wishbone gold and the planned rescue placing, is it 10p or lower?
  • By Tom Winnifrith
  • 22 October 2026, 11:27
ATG
Auction Technology – trading “slightly ahead of current market expectations”, but what’s already discounted in the share price?
  • By Steve Moore
  • 22 October 2026, 10:58
VLRM
BREAKING: Valereum – this is FRAUD Part 1 on the California Bezzle
  • By Tom Winnifrith
  • 22 October 2026, 10:27

Wednesday »

GELN
Gelion – full-year results, how “strong” ‘a platform to support the group’s next phase’?
  • By Steve Moore
  • 21 October 2026, 16:09
Bearcast
Tom Winnifrith Bearcast: Evil Banksta gets a Mobico financial kicking, thank heavens for Andrew Monk and his bodged placing
  • By Tom Winnifrith
  • 21 October 2026, 15:07
VINO
Virgin Wines UK – a full-year swing from more than £1m profit to more than £1m loss… so an argued “another excellent year of progress” (natch!)
  • By Steve Moore
  • 21 October 2026, 14:16
EDGE
BREAKING: Falconedge – statement needed, shares collapsing! Told y'all!
  • By Tom Winnifrith
  • 21 October 2026, 12:24
PBX
ProBiotix Health – Q3 update, a dealing with the “global uncertainty” Buy
  • By HotStockRockets
  • 21 October 2026, 11:17
DOM
Domino’s Pizza – Q3 update, is the emphasised “continued positive trading momentum” ‘tasty’ enough for the valuation?
  • By Steve Moore
  • 21 October 2026, 10:58
WSBN
BREAKING: Wishbone – looking to raise up to £2m at as low as 10p – City source
  • By Tom Winnifrith
  • 21 October 2026, 10:50
Fake_News
Camilla Tominey at the Telegraph claims BREAKING scoop on Liam Byrne MP -the shameless hussy is TWO YEARS too late!
  • By Tom Winnifrith
  • 21 October 2026, 10:30
KEN
Colin Bird tell me I am wrong: Kendrick Resources has no cash left at all
  • By Tom Winnifrith
  • 21 October 2026, 09:34
ECOB
Photo : Eco Buildings, perhaps this explains the share spike?
  • By Tom Winnifrith
  • 21 October 2026, 08:25

Tuesday »

TRI
Trifast – “confident in delivering further margin improvement”, but what about in overall profitability?
  • By Steve Moore
  • 20 October 2026, 16:29
Bearcast
Tom Winnifrith Bearcast: Probiotix and Invinity
  • By Tom Winnifrith
  • 20 October 2026, 16:23
G4M
Gear4music – I having last month noted caution on half-year performance, what about now a “Half Year Trading Update”?…
  • By Steve Moore
  • 20 October 2026, 14:27
ECOB
Eco Buildings – no I do not have a scooby
  • By Tom Winnifrith
  • 20 October 2026, 13:58
TRUE
Truetide – SMTM ( or lack of it)
  • By Tom Winnifrith
  • 20 October 2026, 12:47
IES
After Invinity crashes, the truth about its botched placing & who is next: A Vindicated Evil Banksta spells it out
  • By Tom Winnifrith
  • 20 October 2026, 12:04
TIN
Cornish Metals: £135 million fund raise at just 60p, am I being suspicious?
  • By Tom Winnifrith
  • 20 October 2026, 11:23
GEN
Genuit – I having written in May ‘a profit warning ahoy here?’, what about now a nine months trading update?…
  • By Steve Moore
  • 20 October 2026, 10:46
BSFA
BSF Enterprise and the patent spoof: an expert writes
  • By Tom Winnifrith
  • 20 October 2026, 09:44
Collapsing-Reactor
BREAKING: Alessandro Zamboni’s Nuburu censured by NYSE American SE for late publication of material events, the trap door of delisting gets nearer
  • By Tom Winnifrith
  • 20 October 2026, 09:20

Monday »

VLX
Volex – “profit expected to be towards the upper end of current market expectations”, but how’s the outlook?
  • By Steve Moore
  • 19 October 2026, 16:19
Bearcast
Tom Winnifrith Bearcast: 2 sets of red faces & a zero by Thursday?
  • By Tom Winnifrith
  • 19 October 2026, 15:44
GELN
Gelion – “Strong Independent U.S. Validation of Gelion's NES”, timely ramptastic?
  • By Steve Moore
  • 19 October 2026, 13:34
DGQ
Artificial Intelligence is not as clever as bear raider Evil Knievil, a self styled natural genius, – Delta Gold
  • By Tom Winnifrith
  • 19 October 2026, 12:56
MNTL
Technology Minerals fesses to Recyclus Winding Up Order from HMRC but there’s a bigger issue
  • By Tom Winnifrith
  • 19 October 2026, 12:27
IES
GOTCHA Monkey you smug bastard: Invinity bailout at just 10p
  • By Tom Winnifrith
  • 19 October 2026, 11:07
BMV
THIS SMELLS: Bluebird Mining and a spoof share buyback, has Sath passed the BVI solvency test?
  • By Tom Winnifrith
  • 19 October 2026, 10:39
MIND
Mind Gym – “the drive to advance cash receipts in the business model continues to prove successful”. Er, does it?…
  • By Steve Moore
  • 19 October 2026, 10:38
Crash
The great impending stockmarket crash of 2026/27 - a podcast with Lucian Miers Part 2
  • By Tom Winnifrith
  • 19 October 2026, 08:16
Boom
When Cult Wines goes tits up here’s my prediction, just look at Trustpilot!
  • By Tom Winnifrith
  • 19 October 2026, 08:15

Sunday »

Crash
The great impending stockmarket crash of 2026/27 - a podcast with Lucian Miers Part 1
  • By Tom Winnifrith
  • 18 October 2026, 16:54
Bearcast
Tom Winnifrith Bearcast: the stockmarket crash of 2026 and Syrian questions
  • By Tom Winnifrith
  • 18 October 2026, 14:21
AET
Afentra shares have plenty of upside potential whilst oil prices remain high - buy
  • By Gary Newman
  • 18 October 2026, 10:28
Gold
The View From The Montana Log-Cabin As Gold Is Marooned And I Take A Brief Look At Golden Prospect’s Prospects
  • By Nigel Somerville
  • 18 October 2026, 09:18
Quiz
The ShareProphets Sunday Pub Quiz #368
  • By Darren Atwater
  • 18 October 2026, 08:15
Blackboard
Visual Aid: The World’s Most and Least Taxed Countries
  • By Darren Atwater
  • 18 October 2026, 08:15
Reading
Sunday Long Reads: Missing Sheep, Perishing Eels, Karl Bushby’s Walk, Failed Romance, Buying a Filipino Bride
  • By Darren Atwater
  • 18 October 2026, 08:14
Top-10
Notes from Underground – Most read articles for the week ending October 17
  • By Darren Atwater
  • 18 October 2026, 08:13

Saturday »

Bobby-Moore
And the champagne from Lucian will go to……
  • By Tom Winnifrith
  • 17 October 2026, 14:51
FVA
An “ahead of expectations” and further growth potential Buy
  • By HotStockRockets
  • 17 October 2026, 12:09
Newsboy
How low can one fall after working at Technology Minerals: a chance to hook up with the Playboy bird via the Aussie sinner?
  • By Tom Winnifrith
  • 17 October 2026, 11:58
MEX
Tortilla Mexican Grill – discounted placing, states including “to accelerate value creation plan” but how much so really?…
  • By Steve Moore
  • 17 October 2026, 08:00

Friday »

PR1
Pri0rity Intelligence – this statement cannot be true, is the FCA talking about you?
  • By Tom Winnifrith
  • 16 October 2026, 15:49
Roulette
Pathos Communications – shares ‘only’ just over 23% down since December 2025 listing… so “Best Newcomer at the AIM Awards” (natch!)…
  • By Steve Moore
  • 16 October 2026, 15:30
Bearcast
Tom Winnifrith Bearcast: Why Amaroq will tell me to Foxtrot Oscar
  • By Tom Winnifrith
  • 16 October 2026, 15:22
Clown_Funeral
The FCA admits that it is utterly useless: Evil Banksta is left almost speechless as am I
  • By Tom Winnifrith
  • 16 October 2026, 13:59
Bear
Video: Fuel Rationing, ‘Hard To Go Wrong’ With Gold Miners & Platinum To Outperform
  • By Tom Winnifrith
  • 16 October 2026, 12:24
BMV
Bluebird Mining: Disgraced CEO Sath’s Skylake vehicle dumping shares what can it mean?
  • By Tom Winnifrith
  • 16 October 2026, 11:46
Confetti
Nuburu finally buys Tekne but reveals more massive dilution of its shareholders ( quelle surprise!)
  • By Tom Winnifrith
  • 16 October 2026, 11:06
AMRQ
Letter to Eldur Olaffson – time to sack Charles Archer and cleanse the Amaroq stable
  • By Tom Winnifrith
  • 16 October 2026, 10:54
THX
Thor Explorations – “Q3 2026 Operating Update”, a further cashed-up Buy
  • By HotStockRockets
  • 16 October 2026, 09:02
Collapsing-Reactor
The Morning after the AIM awards dinner – more bad data from the Casino emerges
  • By Tom Winnifrith
  • 16 October 2026, 08:58