A mock estate agency called “Theresa May and Co” has been launched by the Liberal Democrats today attacking Theresa May’s Dementia Tax. http://www.theresamayand.co
The Conservative policy would force the sale of family homes to fund care for elderly and vulnerable relatives.
The party has estimated that the Dementia Tax would cost £63,165 for someone receiving ten years of care living in an average-priced home in the Colne Valley constituency.
Across the Colne Valley constituency 42.1% of the value of the average home would be wiped out to pay for the Dementia Tax.
Cahal Burke (Liberal Democrat Parliamentary Candidate for the Colne Valley), said:
“Theresa May wants to force you to sell your house if you need long-term care.
“The effects of this cruel and unfair policy will be massive, and will have a huge people on people across our community.
“Elderly and vulnerable people across the Colne Valley constituency face losing 42.1% of their home to fund this ill-conceived policy, with nine out of ten homes potentially at risk.
“This is like a new type of inheritance tax – but one that’s targeted at people of modest means, not the wealthy. The Conservatives want to tax ordinary hardworking families out of their savings and homes if their relative is unfortunate enough to need years of care: it is grotesquely unfair.
“There is a week left in this campaign: if Theresa May fails to come clean to the British public, how can she be trusted?