Working tax credits

• howard mcsweeney1

  • Location: Dover
  • Registered: 12 Mar 2008
  • Posts: 62,352
  15 March 2016     09:41311911
  #1       report
  Can't find the thread on this but the Chancellor has used a loop hole to go back on his word.
  
  
  
  http://www.independent.co.uk/news/uk/politics/tax-credit-cuts-income-disregard-george-osborne-voted-without-debate-a6931676.html
• Captain Haddock

  • Location: Marlinspike Hall
  • Registered: 8 Oct 2012
  • Posts: 8,164
  15 March 2016     12:55311919
  #2       report
  Well done Gideon!
  
  “By definition there will be no losers because people’s increase in income will outstrip any reduction to their tax credit award.”
  
  What's not to like?
  
  Next .........
  "We are living in very strange times, and they are likely to get a lot stranger before we bottom out"
  Dr. Hunter S Thompson
• howard mcsweeney1

  • Location: Dover
  • Registered: 12 Mar 2008
  • Posts: 62,352
  15 March 2016     13:18311924
  #3       report
  Not according to all the independent reports, in fact most low paid workers will take a big hit.