Monday, 26 October 2015

Encouraging the work ethic through more poverty in work

Lords tax-credits speech
"Those who strive to do everything we ask of them... now find themselves punished for doing what's right."Labour peer Baroness Hollis attacks government cuts to tax credits in a Lords speech so widely discussed that it trended on Twitter.
Posted by Channel 4 News on Monday, October 26, 2015

"Scottish Conservative leader Ruth Davidson told the Sunday Telegraph that any cuts would have to be carefully introduced. She said: `It's not acceptable. The aim is sound, but we can't have people suffering on the way. The idea that there's a cliff edge in April before the uptake in wages comes in is a real practical human problem and the government needs to look again at it.`"

"Opponents of the plan have said that the cuts could take more than £1,000 per year from the average family. The tax credit policy is said to cost the government £30bn a year. It is thought that 200,000 children could be forced into poverty as a result of the cuts. Under the new rules the income threshold for Working Tax Credits - £6,420 - will be cut to £3,850 a year from April. "

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