There are lies dammed lies and then ConDem Government mangling of figures.
The claim
The claim
“If you are looking at what we are doing with the personal
allowance we are actually raising it in this tax year, so 24 million
taxpayers will benefit to the tune of £6.50 per week”
Prime Minister David Cameron, 5 April 2012
The background
Families with children across the country woke up to the news that from tomorrow they’ll be an average of £511 worse off a year.
Brandishing research by The Institute for Fiscal Studies, Shadow Chancellor Ed Balls said the government’s changes to tax, benefits and tax credits was a “bombshell” for families.
The dawn of the new tax year tomorrow has since been duly hailed as
Black Friday by some, yet the Conservatives have hit back arguing that
Mr Balls was “ignoring” the millions of households that will be better
off.
Stepping into the fray this afternoon, the Prime Minister said he did “not accept the figures” from the IFS.
He added: “If you are looking at what we are doing with the personal
allowance we are actually raising it in this tax year, so 24 million
taxpayers will benefit to the tune of £6.50 per week.”
With thanks to C4 FactCheck
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