For three million hard-working families it’s going to have a huge impact. The Institute for Fiscal Studies has warned it is “arithmetically impossible” for nobody to lose out under the changes.
“We simply can’t subsidise incomes with ever-higher welfare and tax credit bills the country can’t afford”, he said.
“The eye-watering marginal tax rate means it is going to be very hard for families to compensate for tax credit losses through extra work and they now face a black hole in their finances when these changes come into force”. That is a better system. So we’ve got to be the builders the people with the new ideas.’ “We are now the party of work the only true party of labor and my message to today’s Labour Party is this: you head back to the 1980s we’re heading forward”.
If the Home Secretary’s speech was viewed as a glimpse of the right-of-centre stance she would adopt if she became prime minister, Mr Johnson presented himself as a Labour-beating election victor who is concerned about escalating pay inequality.
Mr Willetts told The Times ahead of the conference: “There is a real risk that it could turn sour as a few of those hard-working families that politicians love realise they are heavy losers”.
The fact that Tory delegates to conference in Manchester this week have been advised not to wear their credentials for the gathering in public speaks volumes, as do the anti-austerity protests outside, on a scale not seen at the event since the Thatcher and Major years. “We are all for working tax credits being scrapped once pay has risen sufficiently”.
He has halved the amount you can earn before your working tax credits start to reduce from £6,420 to £3,850.
“But I do think 10 years is a long time as Prime Minister and I think after that people will be ready for someone new”. So it was helping families right up the income scale.
Attacking planned cuts to top-up tax credits for low-paid workers, he said the Government had to “protect the hardest-working and lowest-paid”.
Would this be the same George Osborne who is about to strip the poorest of £1,000 a year with cuts to tax credits?
He insisted that there would be “no complacency” at the Manchester conference about the party securing a majority in the Commons amid disarray among its main rivals.
Old Etonian, right-wing Boris pretending he’s in the centre ground of British politics is like Vlad the Impaler telling us he’s just joined the League Against Cruel Sports. If people are to feel bound into this system then there must be hope and aspiration, and above all there must be opportunity and it is here that we Tories have a massive advantage.
Although never a “nasty party”, Scottish Labour did allow itself to be portrayed as having a sense of entitlement to political rule in Scotland and of failing to embrace devolution fully. It seems they have – as I put it – run off to the hills.
“There’ll be no complacency or back-slapping here this week – maybe a little bit of mild celebration of the election”. We’ve delivered key things like funding Crossrail, like making sure London’s streets are safe, investing in infrastructure.
Councils are to be allowed to keep rates totalling £26 billion which they raise from business, in a “devolution revolution” to shake-up the way local government is funded, Chancellor George Osborne has announced.
The Home Secretary also promised to take “retaliatory measures” against countries which refuse to accept people being deported from the United Kingdom by denying their nationality and use “alternative documentation” which exists for anyone who first entered the United Kingdom on a genuine visa to prove a deportee’s identity.