Tory Policies Force Britain's Poorest Families to Suffer the Most - Acclaimed News
Tory Policies Force Britain's Poorest Families to Suffer the Most - Acclaimed News
By Mick Meaney / acclaimednews.com
Jul 7, 2015

(Acclaimed News) A newly released report has revealed, as many have suspected, that British taxes are currently weighted in such a way that hits the poorest families harder than the richest ones. With the Tories considering tax cuts for the rich, and reducing benefits plus tax credits for the poor that situation could get worse instead of better.

The 2014 figures from the Office of National Statistics (ONS) clearly showed the disparity between the richest and the poorest. The richest fifth of the population had an average yearly income of £80, 800 before taxes or benefits were taken into account.

In contrast the poorest fifth have to survive on 1/15th of that, a mere £5,500 (and that is if they avoid DWP sanctions).

However those poorest families see 37.8 per cent of their income go back to the government in taxes, whilst the richest have 3 per cent less of their income go in taxes.

If 160 Tory MPs have their way the balance will tilt towards the rich even further. They are urging Chancellor George Osborne to lower the top rate of tax to 40p.

Their argument is that lower taxes for the rich eventually makes everybody richer, assuming of course they use the money they save to create extra jobs instead of spending it on luxury items, or on foreign holidays.

The TUC General Secretary, Frances O’Grady argues that the rich should be paying more taxes not less:

“THERE CAN BE NO ARGUMENT FOR REDUCING TAXES FOR THE RICHEST WHEN THEY ARE ALREADY CONTRIBUTING A SMALLER SHARE OF THEIR INCOME THAN THE POOREST.

“THE GOVERNMENT SHOULD INSTEAD BE LOOKING AT HOW THE WEALTHIEST CAN MAKE A FAIRER CONTRIBUTION TO IMPROVING THE PUBLIC FINANCES.”

This is especially the case as Iain Duncan Smith has declared that there will £12 billion in welfare cuts.

Ms O’Grady continued:

“WITHOUT TAX CREDITS, THE LOW-PAID WOULD BE MUCH WORSE OFF. IT WILL BE A DISASTER FOR MILLIONS OF FAMILIES IF THE GOVERNMENT RUSHES AHEAD WITH PLANS FOR EXTREME CUTS TO SUPPORT FOR PEOPLE IN WORK.”

These cuts have already begun with the closing of the Independent Living Fund for disabled people, and cuts to working tax credits, and the freezing of child tax credits. Universal Credit is supposed to make people better off if they are working, but it is already three years late, and assuming it ever woks that is.

4.0 ·
1
Trending Today
Globalization Makes No Sense
Chris Agnos · 17,425 views today · When I lived in San Francisco, I often would marvel at the movement of goods through the ports across the bay in Oakland. Full container ships would enter the bay one after...
How Norway Avoided Becoming a Fascist State
George Lakey · 9,607 views today · Instead of falling to the Nazi party, Norway broke through to a social democracy. Their history shows us polarization is nothing to despair over.
Stunning Small Homes Form Part of a Communal Compound for Best Friends
Lighter Side · 8,813 views today · If you’re lucky enough to have longtime friends even as an adult, then you know probably already know how much it means to be able to spend time together. Maybe you even have a...
Proof of Evolution That You Can Find on Your Body
4 min · 7,545 views today · Vestigial structures are evolution's leftovers — body parts that, through inheritance, have outlived the context in which they arose. Some of the most delightful reminders of...
The Most Astounding Fact about the Universe
3 min · 5,811 views today · This is Neil Degrasse Tyson's response when asked to describe the most astounding fact about the universe. Background music is the cinematic orchestra - To build a home.
Where the Term "Redneck" Came From
15 min · 5,412 views today · If you don't know this story, you'll never look at the word the same again.  This is just a window into the sometimes shocking, subversive and untold history of the United...
The Fire Within
Words by Sophie Scholl - Illustrations by Gavin Aung Than · 4,951 views today · Sophie Scholl (1921-1943) was a German activist who is famous for speaking out against the Nazi regime. Scholl was a member of a protest group called The White Rose, which...
The London Anarchist Group Squatting Mansions to Fight Homelessness
6 min · 4,691 views today · London squatting activists ANAL (Autonomous Nation of Anarchist Libertarians) are squatting empty multi-million pound buildings and opening them up to the homeless.
Without Saying a Word This 6 Minute Clip From Samsara Will Make You Speechless
6 min · 3,722 views today · Can you put this video into words? It's a clip from the phenomenal documentary Samsara, directed by Ron Fricke, who also made Baraka.  If you're interested in watching...
The Foiled Bomb Plot in Kansas That Didn't Make Trump's Terror List
5 min · 3,550 views today · When a plot by a pro-white militia to bomb a Somali mosque in Kansas was foiled by the FBI last October, the aborted conspiracy received little national coverage - nor did it...
Voices of Standing Rock
49 min · 2,506 views today · Short stories told by water protectors at Standing Rock, North Dakota. Part 1 - Introduction: Since mid-August 2016, thousands have set up camp near the Standing Rock Sioux...
Redneck Revolt Presents: A Message to the Patriot Movement
6 min · 2,310 views today · Over the past few weeks, Redneck Revolt has been communicating with a former member of a III% Patriot Militia based out of Ohio. Peter made contact with our organization after...
Your Lifestyle Has Already Been Designed (The Real Reason For The Forty-Hour Workweek)
David Cain · 2,306 views today · Well I’m in the working world again. I’ve found myself a well-paying gig in the engineering industry, and life finally feels like it’s returning to normal after my nine months...
To Change Everything, Start Everywhere
8 min · 2,074 views today · To Change Everything, Start Everywhere! The case for complete self-determination—a guide for the furious, the curious, and the pure of heart. To Change Everything: An...
From Sanctuary City to Liberated City
Frank Lara · 1,572 views today · In just one week, with several strokes of a pen, Trump unleashed upon the working class in the U.S. an attack not seen in decades. From his attack on the flawed Affordable Care...
10 Words Every Girl Should Learn
Soraya Chemaly · 1,550 views today · "Stop interrupting me."  "I just said that." "No explanation needed." In fifth grade, I won the school courtesy prize. In other words, I won an award for being polite. My...
Transition From Caterpillar to Butterfly as Analogy for Social Change
4 min · 1,477 views today · An exceprt from Crossroads: Labor Pains of a New Worldview in which Dr. Bruce Lipton talks about the fractal nature of reality and compares the current global awakening and the...
The Lessons of Standing Rock
Michael Emero · 1,384 views today · In mid-November of 2016, I was a Water Protector at Standing Rock. At first my goal was to play investigative journalist; documenting then writing about every detail for my...
How a Lack of Touch Is Destroying Men
Mark Green · 1,159 views today · Why Men Need More Platonic Touch in their Lives
John Lennon's "Imagine," Made Into a Comic Strip
John Lennon. Art by Pablo Stanley · 920 views today · This is easily the best comic strip ever made.  Pabl
Load More
What's Next
Like us on Facebook?
Tory Policies Force Britain's Poorest Families to Suffer the Most - Acclaimed News