Thursday 24 March 2011

I'm £85.14 better off

Hooray, this is the second budget in a row I'm better off!

Under Labour I was always worse off because although low paid, i don't have kids or qualify for the myriad of benefits that Labour introduced. Labour wanted to buy off the middle class swing voters, so many low paid got shafted. The raising of the threshold is the fairest way to help those on low incomes and helping people into work. It's also cheap to introduce as it's simple, the only problem is that it doesn't bind voters to the Government in the way that Labour's tax credits did. It's better economics, morally better but politically Labour have the last laugh.

No comments:

Post a Comment