Archive for February 2012
17 February 2012
Tax credits: a flawed friend
Gavin Kelly, The Guardian
Following on from this week's bleak news on jobs – with unemployment up and confirmation that those new jobs on offer are all part time and insecure – another wave of stealth cuts is about to crash over Britain's working poor. After their tax credits were singled out for harsh treatment last spring then frozen in the autumn, a further £1bn will hit low- to middle-income families – many living on as little as £25k – in just six weeks' time.
Full Article
Alan Johnson benefits budget 2011 cameron chancellor Commission on Living Standards cost of living cuts David Cameron economy family food prices Gavin Kelly good life homeownership Housing income Independent inequality James Plunkett Labour Party Lib Dems living standards Middle Britain new statesman pension private rented prospect magazine social housing spending cuts Spending Review squeezed Squeezed Middle tax tax credits Treasury welfare
