Tax credits saved at a stroke: cut benefits to the wealthy

As Chancellor Osborne prepares to unveil a new “benefit savings” proposal, Russell Bruce presents a costed alternative George Osborne has to find savings of £4.5bn to reinstate his proposed tax credit cuts after the House of Lords, being unusually populist, decided to throw out his changes to Tax Credits. I thought it might be helpful to suggest where the money could be found. Nothing...

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