If it makes sense to take poor pensioners out of the tax and benefit systems by raising taxation thresholds (or 'tax free allowances'), then why does it also make sense to abolish the 10% rate of income tax and to make a larger number of low income families more benefit-dependent (as opposed to taking them out of the system as well)?
Likewise, why are poor single people in work having part of their meagre wealth redistributed by this budget to wealthier members of society?
And why are tax credits called tax credits when they are not automatically delivered as a credit against tax and instead have to be claimed like a benefit?
And why is an allegedly social-democratic government cutting corporation tax? Something, one imagines, to do with Tories - and nothing to do with the left.
Thursday, March 22, 2007
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