The Tax Base is Fading to Grey

The number of people over state pension age is now officially greater than the number of children for the first time in our history. Today there are 4 people of working age for every person of retirement age. By 2050 there will only be 2 for every retiree.

It takes something like 30 taxpayers to support a bureaucrat, yet the ratio of bureaucrats to productive taxpayers is worsening. State pensions are unfunded. Where in the coming decades are the taxes going to come from to pay for the pensions and bureaucrats as well as servicing the colossal government debt?

Who will bear the terrifying burden?


Seen Elsewhere



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Ruth Davidson on working with PM Boris

“I have worked with him when he was Foreign Secretary. I will work with whoever the Prime Minister is. I haven’t had a phone call yet to ask me to run his campaign in Scotland. I am not expecting the call. But I will genuinely judge him on the same criteria as I judge any of the candidates.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Farage Milkshaker Unmasked Farage Milkshaker Unmasked
ChUK Blame Game ChUK Blame Game
Angry Esler Angry Esler