u/ClacksInTheSky

Welfare payments have not exceeded income tax ‘for the first time ever’ – Full Fact
▲ 277 r/AskBrits

Welfare payments have not exceeded income tax ‘for the first time ever’ – Full Fact

What do you think to the fact that Labour are on track to collect more tax then we spend on welfare for the first time since 2013?

fullfact.org
u/ClacksInTheSky — 3 days ago

Would you support increasing the personal tax allowance to £18,000 a year?

The government response is that it would cost £40bn a year. However, this fails to take into account the increased economic activity of workers having £5,750 a year more to spend. This would increase VAT income, corporation tax and stimulate the economy.

So the true cost would be less then £40bn?

petition.parliament.uk
u/ClacksInTheSky — 15 days ago