Wednesday, March 20, 2013

George Osborne’s fairness claim torn apart by graph

This distributional graph of the benefit freeze (blue) and personal allowance measures contained in the budget (red) shows how regressive both measures are.
As you can see, changes to welfare his those nearest the bottom (the blue bars on the left), while the personal tax allowance benefits those at the upper end of the income scale (see the red bars on the right).
Unfairness
(Source: IPPR)
As you can see, it was one of the most regressive budgets of recent times.