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Budget Hits Families and Pensioners Twice as Hard

World  (tags: budget, family, pensioners, income, couple, tax )

- 2765 days ago -
The Institute for Fiscal Studies says the two groups will lose much more of their income than childless couples over the next four years because of the Coalition's tax and benefit changes.

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Julie van Niekerk (230)
Tuesday August 24, 2010, 11:18 pm
I have to carefully watch my own budget for all the rescued dogs that I have.

gail dair (0)
Tuesday August 24, 2010, 11:58 pm
Thanks Sophie

patrica and edw jones (190)
Wednesday August 25, 2010, 2:23 am
Budgets always hit those on the lower socio economic scale - it has never been otherwise. The wealthy should pay more than they do.

Daiane S (11)
Wednesday August 25, 2010, 7:54 am

Past Member (0)
Wednesday August 25, 2010, 8:07 am
Why does this not surprise me?

AA S (136)
Wednesday August 25, 2010, 8:31 am
Don't forget disabled people - they've got it in for the ill as well. Thanks Sophie

Paige G (10)
Wednesday August 25, 2010, 8:43 am
We live on a very slim budget all the time, but it's made us very resourceful.

liz c (827)
Wednesday August 25, 2010, 8:52 am
Noted. Thank you Sophie.

Kerrie G (118)
Wednesday August 25, 2010, 9:20 am
Noted, thanks.

Past Member (0)
Wednesday August 25, 2010, 12:33 pm
Barry Soetoro could care less because his family is taken care of and to me the rest of us are garbage under his feet and that is a fact.

Colin B (1)
Wednesday August 25, 2010, 12:50 pm
Careful, careful this is not proven but politics just remember who got us into this mess

Margaret Skinner (94)
Wednesday August 25, 2010, 1:13 pm
The ConDem's are cutting every thing making it worse to live.....but they have not cut anything off their budget, only making themselves more rich.....

Marilyn K (50)
Wednesday August 25, 2010, 1:41 pm
They said "Cheer Up Things Could Be Worse, So I cheered up and sure enough things got worse".

Bonnie B (103)
Wednesday August 25, 2010, 2:58 pm
Ah yes, they cut tax credits to families (which may be good for population control actually) but won't get rid of the tax cuts for the wealthy! Our reps certainly know what side their bread is buttered on... and it's not the middle class or the poor side! What I want to know is, what are these billion dollar companies going to do when there is no one left able to buy their products? It's already happening. I hope that one of these days they will realize their employees are also their customers.

Past Member (0)
Wednesday August 25, 2010, 3:07 pm

Alicia V (181)
Wednesday August 25, 2010, 3:55 pm
The same as it ever was. In Spain they are doing it all the way backwards, it is Cleptocracy. The rich have their money in Switzerland so the government doesn't steal it. How icky they are.

Teresa K (33)
Wednesday August 25, 2010, 3:59 pm
Same old, same old.

. (0)
Wednesday August 25, 2010, 4:43 pm
Thankyou Sophie.

. (0)
Wednesday August 25, 2010, 4:47 pm
Ridiculous, and sad. People with children being penalized when they're the ones that need this most.
Kudos to Bonnie B. companies will surely go out of business, and yes it is happening even now.
Time will tell......

Trish K (93)
Wednesday August 25, 2010, 5:27 pm
And so the dominoes fall.

anne Barusta (0)
Wednesday August 25, 2010, 5:28 pm
I have never seen a fair budget

Alejandra V (139)
Wednesday August 25, 2010, 8:40 pm
Very sad. The policies don't seem to change in spite of the change of the ruling party.

Alejandra V (139)
Wednesday August 25, 2010, 8:41 pm
I really expected Obama's policies to protect the most vulnerable people. I'm afraid I'm wrong.

Lynn C (94)
Wednesday August 25, 2010, 10:49 pm
Ah well...and so it goes...and goes....and goes. Beginning to cruise culverts and bridges to see what's available; found Safeway has the best shopping carts so far...few big plastic bags and I'm ready for 'em.

Julia S (9)
Thursday August 26, 2010, 1:43 am
Sadly this is happening all over the world.. the rich get richer, the lower income families are left to try and cope...


patrica and edw jones (190)
Thursday August 26, 2010, 1:44 am
Times will be hard for the British people for quite some time to come.. This was stated before and after the elections by Cameron. But times are hard everywhere - we have just held an election by the two main parties(can't say who will govern yet -too close) - but neither party mentioned helping the most vulnerable - the disabled, pensioners, mentally ill. These have been sidelined in favour of giving more to married/unmarried mothers(now AU$7,500 pr bub) and six months paid parental leave so parents can enjoy their new babies. What a joke this country is turning out to be. Soon pensioners will have to go back to work to take up the shortfall in productive labour.

P A (117)
Thursday August 26, 2010, 2:47 am
The rich always escape scotfree - but we must never forget which bunch of unspeakably arrogant get-rich-quick we-can-do-no-wrong look-at-all-our-profits wwwwbankers it was who landed us in this mess - and who have largely managed to sail free of the wreckage which is dragging us down!! We must not let it happen again!!!

Julie C (21)
Thursday August 26, 2010, 3:20 am
Osborne should close the tax loopholes, make the banks pay back all they borrowed (with interest) before they can pay out any bonuses or dividends, traders in the city should be regulated more stringently and their bonuses should be taxed at a much higher rate, he should ensure the rich shoulder their fair share of the financial hardship to come.
Globally, tax havens, offshore accounts and all forms of tax avoidance must ended. The wealthy must not be allowed to use their money, power and influence to get away with paying less into the economy than their staff - we've all read about millionairs paying less tax than their cleaners - that's just wrong.

patricia lasek (317)
Thursday August 26, 2010, 6:37 am
And the rich get richer......

donnaa D (14)
Thursday August 26, 2010, 1:14 pm
What ever happens in politics, you can bet theres never a fair deal for the poorest, and these are the very people who feel it the keenest, i should know im nearly 70, a widow whos disabled, so i get the double whammy, as does others in my position.
No true compassion in politics, is there!!!

donnaa D (14)
Thursday August 26, 2010, 1:17 pm
I agree Patricia A, our goverment let them off very lightly, and are not paying for this damage they've caused

. (0)
Thursday August 26, 2010, 5:21 pm
Noted with disgust. Thank you, Sophie

Brenda Marie C. C. (0)
Friday August 27, 2010, 8:57 pm
Thank you for the post.

Marıanna M. (0)
Monday August 30, 2010, 8:41 am
noted thanks
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