Benefits bill to hit record high
Discussion
http://www.telegraph.co.uk/news/politics/9775955/B...
Telegraph said:
Taxpayers will have to fund more than £208 billion in benefit payments during the 2012-13 financial year, according to an analysis of welfare spending released this week by the House of Commons library.
Almost one pound in every three raised in tax by the Government will be spent on the handouts.
The total welfare bill is due to peak at a record 13.2 per cent of total GDP during the current financial year, after ministers controversially agreed to a five per cent rise in payments to the unemployed in 2012.
The increase has wiped out savings made from other benefit cuts – and the total welfare bill will now only start falling next year on current projections.
The House of Commons research also showed that just 43 per cent of welfare payments are now contributory – made to those who have paid National Insurance – compared to about 70 per cent of benefits paid in the 1960s and 1970s.
Excuse me - only 43% of welfare payments are to people who have paid NI?! Almost one pound in every three raised in tax by the Government will be spent on the handouts.
The total welfare bill is due to peak at a record 13.2 per cent of total GDP during the current financial year, after ministers controversially agreed to a five per cent rise in payments to the unemployed in 2012.
The increase has wiped out savings made from other benefit cuts – and the total welfare bill will now only start falling next year on current projections.
The House of Commons research also showed that just 43 per cent of welfare payments are now contributory – made to those who have paid National Insurance – compared to about 70 per cent of benefits paid in the 1960s and 1970s.
Edited by Puggit on Wednesday 2nd January 17:30
Puggit said:
Excuse me - only 43% of welfare payments are to people who have pain NI?!
What, ever? 57% of people receiving payments have never paid a penny in NI?
edit I did mean to hit the 5. Honest I cant spell for s
t but I aint that bad at counting.Edited by Pesty on Wednesday 2nd January 17:41
Is that figure correct? I may be inviting a whoosh parrot here, but that does sound high. NEETs (probably) won't have paid any NI but "most" female OAPs would have contributed something at some point (and pensions are the largest single component).
I'm sure someone will come along to explain.
I'm sure someone will come along to explain.
As for the 43% figure - seems to come from this report: http://www.parliament.uk/briefing-papers/SN02656
What is clear from the report is that payments to pensioners and working tax credits are responsible for the rising benefits. Seems that payments to working age people are steady...
Report said:
Contributory benefits account for 43% of total social security spend in
2012/13, compared with around 70% in the 1960s and 1970s.
Doesn't say if it's 43% of claimants are contributing or if 43% of the spend was from contributions (which seems the likelier to me)2012/13, compared with around 70% in the 1960s and 1970s.
What is clear from the report is that payments to pensioners and working tax credits are responsible for the rising benefits. Seems that payments to working age people are steady...
Edited by Puggit on Wednesday 2nd January 17:44
Puggit said:
Terminator X said:
Why are the unemployed getting a 5% rise, haven't had one myself since 2008.
TX.
This was actually the decision that cemented my inability to vote for this Tory party. It was in the 2011 budget, I believe.TX.
However everyone forgets the Lib Dem part and assumes its the Tories doing it all.
And some of us who paid NI all there working like didn't get any benefits when paid off.......
Get people out working for a living wage, one that doesn't need state support to prop it up.
This country need more full time jobs with living wages. Until we have enough of those it's no use just saying we need to cut benefits.
The first Hurdle to rebuilding society away from the socially engineered disaster that the kids of today will inherent.
Get people out working for a living wage, one that doesn't need state support to prop it up.
This country need more full time jobs with living wages. Until we have enough of those it's no use just saying we need to cut benefits.
The first Hurdle to rebuilding society away from the socially engineered disaster that the kids of today will inherent.
Du1point8 said:
Puggit said:
Terminator X said:
Why are the unemployed getting a 5% rise, haven't had one myself since 2008.
TX.
This was actually the decision that cemented my inability to vote for this Tory party. It was in the 2011 budget, I believe.TX.
However everyone forgets the Lib Dem part and assumes its the Tories doing it all.
They can't win.
Puggit said:
http://www.telegraph.co.uk/news/politics/9775955/B...
I read that as 43% of people receive contribution based benefits. For example JSA based on how much NI they've paid over the last year or two (I think). People with a history part-time or temporary work probably wouldn't qualify for it.Telegraph said:
Taxpayers will have to fund more than £208 billion in benefit payments during the 2012-13 financial year, according to an analysis of welfare spending released this week by the House of Commons library.
Almost one pound in every three raised in tax by the Government will be spent on the handouts.
The total welfare bill is due to peak at a record 13.2 per cent of total GDP during the current financial year, after ministers controversially agreed to a five per cent rise in payments to the unemployed in 2012.
The increase has wiped out savings made from other benefit cuts – and the total welfare bill will now only start falling next year on current projections.
The House of Commons research also showed that just 43 per cent of welfare payments are now contributory – made to those who have paid National Insurance – compared to about 70 per cent of benefits paid in the 1960s and 1970s.
Excuse me - only 43% of welfare payments are to people who have paid NI?! Almost one pound in every three raised in tax by the Government will be spent on the handouts.
The total welfare bill is due to peak at a record 13.2 per cent of total GDP during the current financial year, after ministers controversially agreed to a five per cent rise in payments to the unemployed in 2012.
The increase has wiped out savings made from other benefit cuts – and the total welfare bill will now only start falling next year on current projections.
The House of Commons research also showed that just 43 per cent of welfare payments are now contributory – made to those who have paid National Insurance – compared to about 70 per cent of benefits paid in the 1960s and 1970s.
Edited by Puggit on Wednesday 2nd January 17:30
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