The reason we have so many aged people in Aged Care is because of the tax system>
(a) declare Granny incompetent & assign Power of Attorney.
(b) sell Grann's house , bung Granny in aged Care with proceeds of house lodged with the (for profit) Aged Care Business.
(c) Granny cant change her Will in retaliation to being forced into Aged care
(d) 85% Granny's Aged pension consigned to the Aged Care Business (15% left for hair-dos & extras)
(e)Inheritance confirmed as per the Will because on Granny's death, her house value will be returned to her estate (no interest included)
so the sooner that Granny dies, the better .....eh?
Result: Excessive expense on the general taxpayer in order for will beneficiaries to ensure their inheritance without
doing the hard yards of giving Granny at home care as was traditional (the ultimate in Neo-Liberal outsourcing)
Solution:
Like the USA & the UK (our protectors & friends) tax inheritance at 40% so that he general taxpayer does not
have to foot the Aged Care bill......eh......easy/peasy.....we ape the USA in about eveything else ...eh?
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