[denphone]

Originally Posted by MarkC1984

So, according to the pie chart in this article: http://www.dailymail.co.uk/news/arti...12billion.html

The majority of welfare is spent on pensions. Would anyone object to the pension pot being cut drastically?

The Conservatives won't cut the state pension as it will lose them several million votes.

---------- Post added at 14:21 ---------- Previous post was at 14:15 ----------

Originally Posted by heero_yuy

Well that's where Cameron's merry-go-round comes in: People paying income tax and then getting it back as credits. Eliminate that and you get savings in eliminating the burocrasy that has to administer it. If people can keep more of their wages they might work a little harder too by not being penalised.

I'll let you explain to the poor old biddy next door how you're going to reduce her pension.

That's a very big if as once they remove tax credits David Cameron has stated that he is expecting employers to make up the difference that people will have lost with the removal of tax credits through better wages which given our increasingly low wage economy looks highly unlikely as many employers will try to get away with paying as little as they can.