I heard about this on the news yesterday and was simply shocked at the thought of old people signing over a maximum of 15% of their homes to the government so that nursing home fees can be paid after they pass on. I am almost without words that life long tax payers, having paid so much tax on their houses and everything else in life will now be giving a chunk of their legacy to the government to pay for their nursing. Where in the name of God is all this tax money going to? What is the yearly wage bill for the cabinet? At a time when everyone is being warned about interest rate rises and property not being a wise investment, it sure looks like the government is prepared to back the inclusion of property in its portfolio. source: Irish Times
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