Originally Posted by
Baa_Baa
You're blending your own circumstances into the term 'beneficiaries', there are many many types of benefits. I am not bashing those who need some help. Have a look at what else MSD pays out, and what for, how easy it is to game the system and how many do game it. It's gravy train.
My point though, is that I've worked my lifetime, I've worked very hard, paid all my taxes and fees, a very large sum of taxes, tried to save a bit and even though I own my own house and my investments and some savings, I will still not be able to 'retire'. I will have to sell my house when I cannot work, find some cheaper accomodation and forego life insurance, health insurance, disability insurance, draw down on my savings and investments, take the superannuation. I will become dependent on the state as well. It makes me ill to think about it. It is so depressing for our younger folks, who see this and wonder how on earth they have any hope making a financially independent life for themselves.
Don't bash me just because you feel bashed and react like a firecracker, and please, don't liken me to Balance. Let's not fall out over this JK, especially on a public forum, step back, take a deep breath and consider that even those who apparently have done the 'right thing' all their lives and even though they have literally paid millions in taxes and are considered 'wealthy' by some, will still not have a sustainable standard of living without earning an income from a job, and are likely to become a beneficiary of the state before they die.
This is what the Labour government promote. They have done it for many decades, they are the Robin Hood of governments. I will be very pleased to see the back of this one which has exceeded any and all previous Labour governments largess at the expense of everyone who is paying for it.