Monday, Sep 21, 2015

Shameful Tories; No free lunch

Thedailymash.co.uk: Free school lunches scrapped as children pay price for causing recession

The true colours are coming through.
Tories love kids so much.

Posted by doomwatch @ 12:00 PM (3522 views)
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2 Comments

1. mombers said...

Another cliff edge marginal tax rate here. From a universal benefit, you go to a situation where a 1 raise decreases your household income by 800 if you have 2 kids. Means testing on income is an absolute disaster, this is more misery heaped on those who had nothing to do with the GFC. This particular trap only kicks in for a relatively small number of people though. The tax credits changes on the other hand make the marginal rate 48% from 3850, it is ridiculous that someone earning their way in the world should lose half of each pound that they earn from this low level. This goes up to 60% when they hit 8000 with 12% NI, then an astonishing 80% when they hit 10,600. Unless your making money off housing, private property rights don't apply...

Monday, September 21, 2015 12:18PM Report Comment
 

2. Norseraider said...

This is a joke satirical article - just sayin'.

Tuesday, September 22, 2015 12:42PM Report Comment
 

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