MSE News: George Osborne to make £10bn welfare cuts

clemmatis

PaulF81 wrote: »

The top 10% of earners already pay over 50% of income tax generated, isn't this enough already?

In the USA, they pay 70%.

flight747

jobdone1 wrote: »

If you can't afford to feed your kids then ged rid of the sky get rid of the mobile contract get rid of the broadband move somewhere more affordable. GET REAL

You are bloody t***t b****** !!!!

robpw2

clemmatis wrote: »

In the USA, they pay 70%.

do the usa pay national insurance stamp?

clemmatis

robpw2 wrote: »

do the usa pay national insurance stamp?

The US equivalent is probably FICA

http://en.wikipedia.org/wiki/Federal_Insurance_Contributions_Act_tax

BigAunty

In the past (2 or 3 decades ago), did the under 25s generally leave the parental home before they got a job? In other words, has the increase in HB actually helped with a cultural change of youngsters switching from being dependent on their parents to being dependent on the state.

Or

is it the rise in temporary and part time work that has made people so insecure in employment that long after leaving home they can expect to regularly need state support?

BigAunty

Some stats that I saw on another website indicates that only 7.6% of housing benefit claimants are under 25 and around two thirds of them have children.

Only 2.4% of housing benefit claimants are under 25 who don't have dependents.

I haven't verified these figures but if they are correct, I'm not sure how George Osborne expects to make much of saving by expecting the 1 in 46 young HB claimants without kids to go back (180,000) and live at home.

northerntwo1

The idea that someone who has not paid money into NI gets a higher pension that those who worked is beyond ridiculous. Do they not also get other benefits too? Ie free housing and Council Tax? If so then this can put them at hundreds a week over those who worked their whole life. Cannot seem to rectify that in my own mind.

Lizling

robpw2 wrote: »

people need to get into the mindset that when you have a stable job , a suitable house and savings in the bank that is the time to have children.

Average age of a first time buyer: 35
Average age a woman's fertility goes into fast decline: 35

As a childless 32 year-old FTB who happens to agree with you, I hope you're all ready for a rapidly shrinking population.

Cerisa

When I was 25 I had been working part time for 6 years and full time for 4, paying taxes and NI contributions.

I had a partner, a pet and friends. In Osborne's bizarre scenario, when I experienced temporary unemployment, rather than stay in an area where there were plenty of jobs, with a network (which helped me find another job) and financial & emotional support, I should have rehomed my pet, broken my housing contract, lost my rental deposit, and gone back to live with my parents, after moving out aged 18.

It's also totally fallacious because many people currently claiming housing benefit are doing so while in work - because wages aren't rising in line with inflation.

Cerisa

robpw2
"it wil be only those who don't want to work who will have to live with their parents till they are 25"

Or people who get made redundant. Or people with disabilities, like my brother. Or people with kids. Or people who aren't being paid a real wage. Or under 25s that are working full time and just about managing to rent a room - and when their housing benefit is taken away, plus the rise in rail fees - find out they cannot afford to work.