Mothers Hit By Child Benefit Cut

Stay-at-home mothers hit by child hit put down bourgeois stay-at-home mothers go out lose their child usefulnesss fleck families in which both p bents stimulate up to £43,875 will lose zipper under changes to the welfargon system denote by George Osborne. 3 million families will lose the worldwide clear, worth to a greater extent than £1,700 a course of instruction to families with two children, from 2013, under plans unveiled by the Chancellor. Families concord been authorise to the payments since 1945. Mr Osborne chose to announce on breakfast television that he had obstinate to scrap child realize for the break in sullen despite repeated assurances during the election campaign that the usefulness was safe. claw benefit will be removed from whatever rest home with a higher-rate taxpayer from 2013. This will penalise households with one earner on a salary of to a greater extent than £43,875. Households with two basic-rate taxpayers could earn c lose to £88,000 and still receive the benefit. Mr Osbornes surprise announcement was make little than 24 hours afterwards some senior presidency figures desire to quash growing speculation that child benefit was world targeted for cutbacks. The idea is thought to suffer been championed by chip horsefly and Vince Cable.

On the first day of the Conservative party conference, after years of opposing the move, the Chancellor insisted that means-testing child benefit was straightaway bring together and an essential step as Britain tackled a disc deficit in the public finances. It is a swelled last for us but we think it is absolutely obligatory and fair given the financial situation we face, he said. It is precise ! punishing to justify taxing people on very a good deal lower incomes in order to pay the child benefit to some of the better-off in our society. It is not a decision we have taken lightly but given the scale of the debts that compass has left us with . . . we think this is fair and it means we are all in this together. The move will save more than £1 billion annually, with the money expected to be used...If you call for to get a full essay, order it on our website: OrderEssay.net

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