Many would argue that a progressive tax & welfare system redistributes income from the richer to the poorest, but actually what the UK's system does is redistribute money from those in work to those at the start & ends of their lives.

The FT terms this a 'dilemma', but we might argue this is exactly how a good social democracy should work; the state helps us develop as young people, & supports us in old age, while asking for us to pay for that support while we are of working age.

#politics