They've worked all their lives, paid their money on pensions and now they're getting taxed to get that pension back.It just feels very unfair across the board for everybody.
Can I tell you the money that's involved in this?So, in the last year, 25 to 26, we'll spend £145 billion on working age and children welfare.This includes spending on Universal Credit and its predecessor and non -DWP welfare spending.£145 billion on working age people and kids.On pensioners, we'll spend £177 billion on benefits for pensioners.This includes spending on the state pension which is forecast to be £146 billion.
55 % of all social security expenditure goes to pensioners.
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