5.4m on PIP and DLA | Welfare, wealth taxes, the mansion tax and an early election
Benedict Spence joins Damian Pudner, Director of the Great British Think Tank, for a second week on the state of the public finances: the mansion tax the Treasury is reported to be lowering to GBP 1.5m, the 5.4 million people now on PIP and DLA (up from 3.5 million in 2020), a welfare bill heading past GBP 400bn, and whether Andy Burnham should have called an election on the steps of Number 10.
Also: inheritance tax and why "only 1% pay" is no longer true, pensioners who are asset rich and income poor, the national mood of "what can I take for me", and why Britain can still get worse (ask…
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