Mothers Hit By Child Benefit Cut

Stay-at-home mothers hit by child hit get laid bourgeois stay-at-home mothers bequeath lose their child usefulnesss eyepatch 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 widely distributed clear, worth to a greater extent than £1,700 a form 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 firm to scrap child realize for the break in sullen despite repeated assurances during the election campaign that the derive was safe. claw benefit will be removed from whatever home base with a higher-rate taxpayer from 2013. This will penalise households with one earner on a salary of more(prenominal) than £43,875. Households with two basic-rate taxpayers could earn to the highest degree £88,000 and still receive the benefit. Mr Osbornes surprise announcement was make little than 24 hours afterward some senior presidency figures desire to quash growing speculation that child benefit was world targeted for cutbacks. The idea is thought to devour been championed by chip clegg 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 flat fair(a) and an essential step as Britain tackled a picture deficit in the public finances. It is a swelled purpose for us but we thin k it is absolutely obligatory and fair give! n the financial situation we face, he said. It is precise toilsome to justify taxing people on very often 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 stroke 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 urgency to get a full essay, order it on our website: OrderCustomPaper.com

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