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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

Sunday »

Bearcast
Tom Winnifrith bearcast: explaining balance sheets to a Skins owning lunatic
  • By Tom Winnifrith
  • 20 September 2026, 19:13
Top-10
Notes from Underground – Most read articles for the week ending September 20
  • By Darren Atwater
  • 20 September 2026, 18:00
Gold
The View From The Montana Log-Cabin As Gold Firms In Response To Fed Hike
  • By Nigel Somerville
  • 20 September 2026, 09:12
Quiz
The ShareProphets Sunday Pub Quiz #364
  • By Darren Atwater
  • 20 September 2026, 08:28
Reading
Sunday Long Reads: Lucy Letby, Paul Smith, American Age, Mining Guam, Montessori Ponzi
  • By Darren Atwater
  • 20 September 2026, 08:27
Blackboard
Visual Aid: The Top 10 Sectors for Foreign Investment in 2026
  • By Darren Atwater
  • 20 September 2026, 08:27

Saturday »

Boom
UPDATED: Lucian Miers & Jim Mellon are coming back to Sharestock in 2027: early bird tickets now on sale, event 15% sold out!
  • By Tom Winnifrith
  • 19 September 2026, 16:57
Bearcast
Tom, Winnifrith Bearcast: hope and despair
  • By Tom Winnifrith
  • 19 September 2026, 16:55
DEBS
Boohoo Group – emphasises “turnaround continues at pace”, but how materially compared to the valuation already?
  • By Steve Moore
  • 19 September 2026, 13:21
Roulette
'The Takeover 12' Great British Takeover stakes competition leading picks performance update – some improvement...
  • By Steve Moore
  • 19 September 2026, 13:21

Friday »

Bearcast
Tom Winnifrith Bearcast: the Sydney Sweeney row with the Mrs and daughter 2
  • By Tom Winnifrith
  • 18 September 2026, 15:40
TEK
Evil Banksta weighs in on TekCapital after today’s spooftastic RNS
  • By Tom Winnifrith
  • 18 September 2026, 15:10
SBTX
Good news travels fast but bad news….the case of Skinbiotherapeutics
  • By Tom Winnifrith
  • 18 September 2026, 11:50
MTC
Mothercare: the end is nigh, don’t blame Trump, I told y’all eons ago
  • By Tom Winnifrith
  • 18 September 2026, 11:25
Collapsing-Reactor
EXPOSE: Nuburu shares in a slump post relisting on American Stock Exchange and latest accounts contain a material error
  • By Tom Winnifrith
  • 18 September 2026, 10:57
Boom
Letter to Pointon Young, former auditors to Amazing AI
  • By Tom Winnifrith
  • 18 September 2026, 10:25
SATS
Reinvesting my Satsuma Winnings
  • By Tom Winnifrith
  • 18 September 2026, 09:50
TRB
Tribal Group – “Proposed Acquisition by Main Capital Partners” provides us with another share tip winner
  • By HotStockRockets
  • 18 September 2026, 09:34
QDE
Quantum Data Energy - why are its shares still suspended?
  • By Tom Winnifrith
  • 18 September 2026, 09:14
Boom
EXPOSE: Paul Mathieson and the strike off: you might think that, I could not possibly comment
  • By Tom Winnifrith
  • 18 September 2026, 08:53

Thursday »

MCB
McBride – having argued earlier this week “transformational future growth”, now CFO “Sale of Shares”!…
  • By Steve Moore
  • 17 September 2026, 16:25
Bearcast
Tom Winnifrith Bearcast: Hang on for the PS in the podcast
  • By Tom Winnifrith
  • 17 September 2026, 15:44
CRTA
EXPOSE: Stephen Kelly’s CV – why the Cirata boss has to go and its not just the SEC investigated stock options scandal
  • By Tom Winnifrith
  • 17 September 2026, 13:43
INSG
Insig AI – “pleased to announce… results for the year ended 31 March 2026”, why then not announced until now?…
  • By Steve Moore
  • 17 September 2026, 13:34
OPTI
Optibiotix Interims – get your cheque book ready Adam
  • By Tom Winnifrith
  • 17 September 2026, 12:38
Bear
Video: Rigged Markets, Why The Real Bubble Is In Government Bonds & Revaluing Gold
  • By Tom Winnifrith
  • 17 September 2026, 11:11
ABDP
AB Dynamics – “performance for FY2026 is expected to be in line with the guidance”, not the initial guidance though!…
  • By Steve Moore
  • 17 September 2026, 11:10
CRTA
Cirata letter to FCA & AIM Regulation: was bad news suppressed ahead of fund raise? I bet it was!
  • By Tom Winnifrith
  • 17 September 2026, 10:04
PAF
Pan African Resources – full-year results, a winning share tip still Buy
  • By HotStockRockets
  • 17 September 2026, 08:45
AVCT
TW does not understand the science and maths at Avacta so what do Evil Banksta and Jim Mellon say?
  • By Tom Winnifrith
  • 17 September 2026, 08:14

Wednesday »

Bearcast
Tom Winnifrith Bearcast: Joshua turns 10, congenital idiots turn on me and a victory lap as Cirata crashes, the FCA should be all over this
  • By Tom Winnifrith
  • 16 September 2026, 16:42
SMWH
WH Smith – argues “solid peak trading”, but how ‘solid’ really?…
  • By Steve Moore
  • 16 September 2026, 16:03
AVCT
Avacta: it’s a spoof says Evil Banksta add to shorts into the share price spike
  • By Tom Winnifrith
  • 16 September 2026, 14:32
ADF
Facilities by ADF – interims emphasise its “strength”, so a trading warning (natch!)…
  • By Steve Moore
  • 16 September 2026, 14:25
Newsboy
BREAKING: Farewell Oak Securities hello Crest Corporate Brokers, oily Jerry Keen & team jump ship
  • By Tom Winnifrith
  • 16 September 2026, 13:32
HUI
I try to be fair and show balance
  • By Tom Winnifrith
  • 16 September 2026, 12:24
BMV
Writing to Bluebird Mining Ventures & the FCA as the company tries to steal my warrants
  • By Tom Winnifrith
  • 16 September 2026, 12:12
CTA
CT Automotive – interims emphasise “revenue increased”, but what about the bottom-line?…
  • By Steve Moore
  • 16 September 2026, 12:07
Boom
Amazing AI – Auditors Resignation letter in. Oh dear. What is being hidden?
  • By Tom Winnifrith
  • 16 September 2026, 10:18
BRES
GOTCHA: Blencowe’s Ralston axed after my FCA intervention and loses options but the company is still talking shit
  • By Tom Winnifrith
  • 16 September 2026, 09:50

Tuesday »

Bearcast
Tom Winnifrith Bearcast No 2: back to the 1970s
  • By Tom Winnifrith
  • 15 September 2026, 16:42
ALU
Alumasc – full-year results, a “resilient performance” and a “positive start” to this year?
  • By Steve Moore
  • 15 September 2026, 16:25
Clown
Dr. Jeevun Sandher MP celebrates wage growth – a new contender for dumbest Labour MP out there
  • By Tom Winnifrith
  • 15 September 2026, 14:06
BRCK
BRCK Group – “the board’s expectations for the current financial year remain unchanged”, but how creditable is that?…
  • By Steve Moore
  • 15 September 2026, 13:21
STAK
Breaking: Stack BTC, Direct Bullion, Paul Withers and Nigel Farage, this is just so sleazy
  • By Tom Winnifrith
  • 15 September 2026, 13:02
Boom
Amazing AI – Oooh Er Missus, what's this I see?
  • By Tom Winnifrith
  • 15 September 2026, 11:53
Crime-Scene
Expose: Africa Bitcoin Corporation and Guild Advisory: no prizes for due diligence here!
  • By Tom Winnifrith
  • 15 September 2026, 11:30
MPAC
Mpac – interims, how positive is “outlook for the full year remains unchanged following the company’s update in June”?
  • By Steve Moore
  • 15 September 2026, 11:08
Bearcast
Tom Winnifrith Bearcast: a long chat with Harry Adams
  • By Tom Winnifrith
  • 15 September 2026, 10:29
BRES
Letter to the FCA: If you do not prosecute Mike Ralston of Blencowe, you admit you are useless
  • By Tom Winnifrith
  • 15 September 2026, 08:51

Monday »

Curse_Of_ShareProphets
Question for Ms. Frankie Davies of Baker McKenzie re Paul Mathieson
  • By Tom Winnifrith
  • 14 September 2026, 16:42
LIKE
Likewise Group – a competitor backdrop changes Buy?
  • By HotStockRockets
  • 14 September 2026, 16:39
FAB
Fusion Antibodies – full-year results argue “another year of important progress”, but why then not announced until now?…
  • By Steve Moore
  • 14 September 2026, 16:25
Bearcast
Tom Winnifrith bearcast: Crime pays
  • By Tom Winnifrith
  • 14 September 2026, 16:03
CER
Cerillion – after I wrote in June ‘is it really “on track to deliver FY26 financial targets”?’… “it is now apparent to the board that the year’s outturn will be behind consensus market forecasts”!
  • By Steve Moore
  • 14 September 2026, 13:55
AML
A stock to short from Sharestock
  • By Tom Winnifrith
  • 14 September 2026, 13:23
SCGL
EXPOSE: Sealand Capital Galaxy Limited – HK/Cayman deal – utter nonsense on stilts
  • By Tom Winnifrith
  • 14 September 2026, 12:57
DATA
GlobalData – a ‘plan’ “to drive long-term value creation”… with a profit warning having argued earlier this year “Primed for Growth in AI Age”!
  • By Steve Moore
  • 14 September 2026, 12:19
BRES
Blencowe Resources – why is CEO Mike Ralston not in jail and instead being rewarded for his crimes?
  • By Tom Winnifrith
  • 14 September 2026, 10:05
UJO
Is Union Jack breaching the 2018 Data Protection Act 2018 and thus committing a criminal offence?
  • By Tom Winnifrith
  • 14 September 2026, 09:44

Sunday »

KEFI
Kefi Gold & Copper – further “Tulu Kapi Update”, still value: BUY
  • By HotStockRockets
  • 13 September 2026, 18:21
TXP
Touchstone Exploration, the fake bid and the forgery: the FCA gets its man ( for once)
  • By Tom Winnifrith
  • 13 September 2026, 17:48
Gold
The View From The Montana Log-Cabin As $4,400 Gives Way For Gold
  • By Nigel Somerville
  • 13 September 2026, 13:55
Gold
Confused by gold: the 1970s redux
  • By Ross Norman of Metals Daily
  • 13 September 2026, 13:35
Quiz
The ShareProphets Sunday Pub Quiz #363
  • By Darren Atwater
  • 13 September 2026, 08:14
Blackboard
Visual Aid: How London Property Prices Compare to the World
  • By Darren Atwater
  • 13 September 2026, 08:14
Reading
Sunday Long Reads: BBC’s Future, The Last Drop, Sad Tech, Photoplayers, Pan-American Highway
  • By Darren Atwater
  • 13 September 2026, 08:13
Top-10
Notes from Underground – Most read articles for the week ending September 13
  • By Darren Atwater
  • 13 September 2026, 02:41