How Social Welfare is Spent

Spending is Focused on Elderly and Health

Aside from the UK, social spending is taxed heavily





Tax policies or fiscal policies are preferred in US v. Europe



Source: Willem Adema and Maxime Ladaique,"NET SOCIAL EXPENDITURE, 2005 EDITION: More comprehensive measures of social support," OECD SOCIAL, EMPLOYMENT AND MIGRATION WORKING PAPERS No. 29 (Paris: OECD, 2005)