Is it True that Britain’s Poorest Pay Less Tax Under Tories?

On the face of it, yes. Which is to say, under the previous Con/Lib Coalition. The rate by which earners have to pay tax has increased to £10,600 which, I suppose, is not to be sniffed at.

However – you knew this was coming – this is contrary to reality. Council tax has increased absurdly, way above wage advances nation-wide, which it should be said, is just as much Labour’s fault (although the most recent Tory hike is hitting the hardest). This has affected every section of the income totem poll but, of course, this sort of thing always affects the lowest tiers more. And those at the top have had this affront mitigated by a Tory cut to tax on millionaires. A saving of £42,295 for each million earned annually (Is David Cameron really going to give each millionaire a £40,000 tax cut? ) which, as you know, is money which has to be made up elsewhere.

In part it has, thanks to the 2011 VAT increase to 20% which, again, knocks the poorest to a greater extent. VAT is essentially regressive, being a flat tax. So, with a combination of even greater bills and a lessening of the rich’s burden, the poor have good reason to look at the outgoing Dave (and his school pals) and exclaim: Not. Good. Enough.

Don’t be fooled by the Living Wage either, it’s not making anyone’s lives especially easier. In real terms it’s not nearly enough.

Thankfully things weren’t made even harder for the poorest when the House of Lords recently blocked the Tory attempt to cut Tax Credits completely (they already chipped away at it in the preceding years). TC were introduced by New Labour to help “hard working people” on the bottom rungs cover their tax obligations.

How is it that we came to rely on the likes of Baroness Bonham-Carter of Yarnbury and Lord Campbell-Savours to protect the interests of society’s poorest?

Paddy

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