Thursday, January 3, 2008

Tax credit blow to working families

By Rosa Prince, Political Correspondent Last Updated: 1:11am GMT 03/01/2008

Gordon Brown's flagship tax credit policy is penalising working families while rewarding unemployed single parents, a leading Left-wing think tank claims.
A report by the Institute for Public Policy Research, often described as New Labour's favourite think tank, shows that 1.4 million children live in households that are officially impoverished despite at least one parent going out to work.
The report is scathing of Mr Brown's tax credits, saying they fail low-income families by punishing them financially if both parents work.

http://www.telegraph.co.uk/news/main.jhtml;jsessionid=KBBCMC1BM4CO3QFIQMFCFGGAVCBQYIV0?xml=/news/2008/01/03/ntax103.xml

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