Thursday, March 17, 2016

Budget 2016: George Osborne 'takes £4.4bn from disabled people to fund tax breaks for rich'

George Osborne's proposed cuts to disability benefits could see the government claw back £4.4 billion from people who are too ill to seek full employment - much more than charities previously thought.

The figures laid out in the Budget on Wednesday suggest savings from the controversial cuts could rise to £1.28 billion a year by 2020/21.

Putting together the numbers for cuts to Personal Independence Payments (PIP) for 640,000 disabled people, the Mirror calculated that the total saved would be £4.375 billion over the course of this Parliament.

In his Budget, Mr Osborne warned of tough cuts in order to weather the "storm" of global economic uncertainty in future.

But he found the money to increase the highest 40p tax band by £2,500, offering savings to anyone on a salary greater than £42,500. Full story...

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