will the pot run out
Jun 27, 2014 11:54:13 GMT
Post by Admin on Jun 27, 2014 11:54:13 GMT
The number of people who receive more in benefits and public services than they pay in tax is at record levels, official figures show.
More than half of households now take more from the public purse than they contribute, thanks to a generation of surging Government expenditure.
It has left a minority of middle class taxpayers bearing a growing share of the tax bill.
Well-off families now receive £1 in benefits and services for every £5.10 they contribute in tax.
The figures will fuel concerns among economists that the Treasury’s reliance on a narrowing tax base is a danger to the stability of the public finances.
