Mark Wadsworth: Is this what a £26,000 flat cap on benefits would look like?

Monday, 23 January 2012

Is this what a £26,000 flat cap on benefits would look like?

9 comments:

Bayard said...: Nah, it's not nearly luxury enough to have originally cost £26,000, nor scruffy enough to now be on benefits. You can't see where the diamonds have been taken out of it.; 23 January 2012 at 22:28
View from the Solent said...: Wouldn't it be a Burberry check?; 23 January 2012 at 22:28
John Pickworth said...: I know things might be very different down that rich south but up here in the frozen wastes of England its almost inconceivable that families are picking up cheques equivalent to a working wage of £30k+

And then sadly, far too much of that ends up in the pockets of Sky, Argos, Primark, Bargain Booze and the private landlords. It's insane!; 24 January 2012 at 00:34
Mark Wadsworth said...: B, fair point.

VFTS, you're right. The name Burberry did vaguely jump into my mind after I'd posted that.

JP, "Its almost inconceivable that families are picking up cheques equivalent to a working wage of £30k+"

Well, that's because no families do (unless they have about twenty children). The actual cash they get is in the order of £10,000 - £12,000, and all the high figures bandied about inlcude Housing Benefit payments.

So it's the hard working hard pressed landlords who are picking up the really big welfare cheques, not the unemployed/low waged.; 24 January 2012 at 07:28
Bayard said...: Just shows that this country is really run by rentiers, in that a cap on benefits is a political goer, whereas a cap on housing benefit is far less popular and tying of housing benefit to council house rents is a big no-no.; 24 January 2012 at 08:37
formertory said...: It's no good. Even after all these years I still can't help thinking "Nigel Mansell" when I see one of those.

'Scuse me now, I'm just off to feed t'whippets.

(And it look as though the Indian Bicycle Marketers might have caught up with you, MW).; 24 January 2012 at 09:00
Deniro said...: With buy to let Landlords they don't keep the rent , it goes straight to the Bank in Interest payments I think.; 24 January 2012 at 09:50
Mark Wadsworth said...: B, exactly. If we suggest shifting taxes from incomes to ground rents, the Homeys all start wailing about "losing their homes". But the very same Homeys think it is a splendid idea to reduce benefits so that low- and no income people "lose their homes".

FT, ee by gum, I deleted the IBMeer.; 24 January 2012 at 09:52
Mark Wadsworth said...: Den, it is quite true that banks collect about half the ground rents in this country as mortgage interest, I assume that it's ultimately the banks & bankers who are behind Home-Owner-Ism (with large landlords riding shotgun).; 24 January 2012 at 09:53

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