THE LAST DITCH
Published by Tom
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It's not just in Britain that the Welfare State has become a quagmire of perverse incentives. Consider this chart (click to enlarge);
Does anyone (perhaps someone on benefits) have the time and energy to do the equivalent calculations for the UK system?
h/t Zero Hedge
The government do these calculations.
http://campaigns.dwp.gov.uk/asd/asd1/tbm/tbmt_2010.xls
Here is their calculation worksheet.
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Nicely done, Tom.
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http://campaigns.dwp.gov.uk/asd/asd1/tbm/tbmt_2010.xls does not exist.
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That page has been moved but it is the DWP’s Tax Benefit Model according to http://www.google.co.uk/search?q=http%3A%2F%2Fcampaigns.dwp.gov.uk%2Fasd%2Fasd1%2Ftbm%2Ftbmt_2010.xls&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a
The start page for this is:
http://campaigns.dwp.gov.uk/asd/index.php?page=tbmt
and as I write, it’s been removed because it’s broken. But we already knew that 😉
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Tom is a retired international lawyer. He was a partner in a City of London law firm and spent almost twenty years abroad serving clients from all over the world.
Returning to London on retirement in 2011, he was dismayed to discover how much liberty had been lost in the UK while he was away.
He’s a classical liberal (libertarian, if you must) who, like his illustrious namesake, considers that
“…government even in its best state is but a necessary evil; in its worst state an intolerable one.”
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The Last Ditch by Tom Paine 
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