Torsten, whom I respect a great deal, knows full well that taxes are up because of one very particular sort of welfare - for pensioners. If we didn't have a triple lock, we would have a lower welfare bill and lower borrowing costs.
It’s okay for the Tories/Times/Telegraph to pretend that taxes are up “because of welfare”. That’s politics. But if you care about policy you need to understand that is a long way from the truth - and wrestle with the consequences