Sunday, 25 March 2012

  Pensioners pay for tax cut for the Millionaires in the Cabinet.

David Cameron and George Osborne used to say “we’re all in this together”.  Not anymore. This was a Budget that asked millions to pay more so millionaires could pay less.

Key facts

David Cameron and George Osborne prioritised a tax cut for the richest 1 per cent over help for struggling families. 14,000 millionaires are set to get tax cut of £40,000 each year.

A family with children earning just £20,000 loses £253 from this April – on top of VAT hit costing on average £450 per year.

This Budget also includes a hidden raid on pensioners. David Cameron and George Osborne’s ‘granny tax’ means nearly four and a half million pensioners lose an average of £83 a year next April.  And people turning 65 next year will lose up to £323.

The ordinary people of this country have had enough of the ConDems why do we need to wait to 2015 to get rid of them?

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