How the coalition has been helping millionaires – a graph

The Institute for Fiscal Studies (IFS) has today produced a graph in its post-budget analysis showing just how regressive this government's measures are - or in plain English, how favourable the coalition's policies have been to the wealthy.

As Left Foot Forward has already pointed out, the proposed £10,000 personal allowance for tax free income announced yesterday by George Osborne does very little to benefit the lowest earners and those out of work.

We also pointed out that yesterday was a regressive budget on a number of counts.

The Institute for Fiscal Studies (IFS) has today produced a graph in its post-budget analysis showing just how regressive this government’s measures are – or in plain English, how favourable the coalition’s policies have been to the wealthy.

 

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