I dont think so, but that topic is open to debate.
I think that all profits from companies should be taxed at the company tax rate and that should be retained by the government
I dont think an individual should have to pay more tax on those profits (even if they are on a higher individual rate)
If the government then wants to redistribute that taxation income to retirees or others dont do it as a generic rebate to all and sunder.
Raise the pension and/or lift the income threshold so the money goes to those that need it. I am quite happy to see any government lift low income retirees up to give a better quality of life
