So, we are now borrowing over £180bn a year and spending £110bn a year on debt repayments, because 53.3% of all UK households are taking more in benefits/services than they contribute in all taxes (in 1977 it was 37%).
The current trajectory takes it to 60% by ~2045 and 70% by ~2080. The percentage of retired households receiving more in benefits and services than contributing in all taxes is 90.1% (93.5% in 1977), and 45.8% of non-retired households (29.5% in 1977).
We have 9.4m of working age not in employment and ‘economically inactive’. We have 9.9 million working age who receive some form of DWP benefit. Just one secondary school place (£7.5k) takes the income tax of two £30k earners to cover the cost.
We have a crooked system where someone on £150k pays FIFTEEN TIMES more income tax than someone earning £30k. And is generally despised for it; even though they are paying for the benefits and welfare of dozens of people.
UTTER INSANITY.