'A Rising Welfare Bill And A Shrinking Tax BASE!' | Britain Faces Debt Spiral
By TalkTV
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Britain is facing a rising welfare bill while the tax base needed to fund it continues to shrink, prompting warnings that the country could be heading towards a dangerous debt spiral. Viggo Terling, research associate at the Adam Smith Institute, joins Ian Collins to discuss whether the welfare system encourages economic inactivity and why substantial reform may be needed. He argues that support must remain available for those with genuine health conditions but warns that wealthy taxpayers are leaving Britain as the tax burden grows. #tax #benefits #welfare Have you got a story? Email tips@talk.tv Click here for more from Talk https://talk.tv If you need any help visit: https://talk.tv/helplines Subscribe on YouTube: https://www.youtube.com/talktv?sub_confirmation=1
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