https://leftfootforward.org/2015/10/tax-credits-whats-the-issue/ Left Foot Forward is the home for UK progressives. We provide evidence-based analysis on British politics, news and policy. Mon, 26 Oct 2015 10:10:00 +0000 hourly 1 https://wordpress.org/?v=6.9.5 https://leftfootforward.org/2015/10/tax-credits-whats-the-issue/#comment-724252 Mon, 26 Oct 2015 10:10:00 +0000 https://leftfootforward.org/?p=108353#comment-724252 Tax Credits – what’s the issue?
The issue is that Tax Credits will always be Gordon Brown’s legacy to the nation. They are what defines GB as the maddest Chancellor this country has ever had. Tax Credits are the panic reaction introduced after Brown’s abolition of the 10% tax band. This tax band was already grossly unfair to working poor, it was introduced to squeeze every last penny out of the poorest workers in the country. Abolished by Brown these poorest of working people found themselves overnight in the 20% band. On the realisation he had just forced millions of families in destitution, instead of admitting he had messed up and reversed the changes, to save his own embarrassment Brown came up with family tax credits. Which are a 25billion per annum bureaucratic nightmare and an annual 25 page humiliating form filling assault course for the applicant. That’s the issue with Tax Credits Mr Jacobs.

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