I have recently read an article where the researcher indicated that there has been a major redistribution of wealth over the last 6 years. The start: Government borrowed far more than they could ever realistically pay back in real terms. The action to remedy: Pretend to pay it back by inflation IE., pick the savers pockets. This is analogous to 'the boiling frog' where the frog is the saver. Put it in boiling water and it will jump out put it in cold water and slowly heat the water to boiling point, the frog will not see the danger and die Our Conservative government is using the latter to inflate the debt away, according to the research indications. How was it implemented? During the first 3 years of the last Tory Government they pushed through 299 new taxes and/or tax rises, some typical examples: CGT, Carbon tax, 12 new air passenger duties, new fuel taxes, higher VAT....... In mitigation, they did reduce some taxes like Corporation tax and the very clever increase in tax allowance for the low paid which is overfunded by the increase in people being moved into higher tax bands, all of which creates a smoke screen to fool the unaware. Now, if you look at the last 5 years or so, the tories have also reduced the 'Life time Allowance' on pension plans from 1.8 million 5 years ago in stages of 1.5 million then 1.25 million and by next year 1 million. Interest rates on savings are rigged so that savers are penalised in favour of the irresponsible borrowers (Government being the main one). Savings over the period from 2009 to present have lost in real terms 15% of their value. Whilst at the same time government debt is now worth a corresponding figure less than it was in 2009. Returning to higher rate taxation, since 2009 when the threshold was close to 50k, in 2013 that had been brought down by the tories to £42,457. The question I would like answering is, how can they get away with it? They have presided over one of the greatest wealth transfers in our history and it has slipped by unnoticed, even the opposition parties say nothing.