Originally posted by DimPrawn
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Previously on "How the tax money is spent by the government"
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According to David Willetts, baby boomers born between 1956 and 1961 are forecast to get from the welfare state 118% of what they will have put in.
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According to the ONS breakdown £83bn is spent on state pensions and then another £20bn is spent on public sector pensions I wonder how many people there are with public sector pensions compared to those that get the state pension? Possibly less than 1 in 4?
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State pensions is split out in the first chart.Originally posted by NickFitz View PostSeek, and ye shall find: How is the welfare budget spent? | Visual.ONS
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Welfare spongers that they are.Originally posted by DimPrawn View Post£26,000,000,000 on housing benefits. No wonder BTL landlords are rich and happy.
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£2118 ?
That's less than what I pay my Polish maid a month who looks after my "welfare".
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have to agree with Mauve Monkey, they will have squandered our savings. There is only one answer buy lots of rental properties!Originally posted by PurpleGorilla View Post
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What pension.Originally posted by NickFitz View PostYou won't think that when it's your pension bumping up the figures
http://www.telegraph.co.uk/finance/p...n-six-MPs.html
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Of course this doesn't include any dividends.Originally posted by d000hg View PostHe doesn'tearn muchpay much tax does he?
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