Boris Johnson, Mayor of London, today used his platform of a column in the Daily Telegraph newspaper to argue that the super-rich are a ‘put upon minority’ like homeless people or the travelling community. He argues that they should be protected from ‘bullying’ by the public, who should instead be offering their ‘humble and hearty thanks’ for their ‘prodigious’ contributions to our public finances.
The reality is, these super rich individuals are paying an ever smaller share, while receiving substantial tax payer funded subsidies, and the protection of the publicly funded police from an increasingly outraged public.
The Cost of the Human Welfare State
The UK Government spend a total of £694.89bn a year, to do everything. The amount the government spend on benefits is £159bn, with £72bn (45%) of that going on pensions. So, we have £85bn (12% of spending) a year actually going on working age benefits. The UK’s current unemployment rate stands at 7.8%. It makes sense that we spend this proportionate amount of shielding citizens from poverty induced by involuntary unemployment, and support sick and disabled people who cannot work or who bear additional financial costs to work.
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www.scriptonitedaily.com/2013/11/18/boris-johnson-says-the-super-rich-are-an-oppressed-minority-worthy-of-our-humble-and-hearty-thanks-time-for-a-reality-check/