Solidarity 382, 28 October 2015

Tories in tangle over tax credits

Chancellor George Osborne looks set to go ahead with cuts to tax credits which will see the income of low-paid workers drop by an average of £1,300 next April, despite opposition from Tory backbenchers and voters such as the woman who confronted a Government minister over the issue on BBC TV's Question Time. The changes to tax credits would save around £4.4 billion, or just over a third of the £12 billion the Treasury is seeking to cut from the welfare budget. Tory backbench opposition to the cuts stems from electoral calculations by MP's in marginal seats (it is significant that the measure...

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