Wednesday, 27 January 2010

Why We Need Fairness is Two Easy Lessons

Two findings that make interesting reading today.

First up the pay gap between rich and poor is wider than it 40 years ago. Despite Labour saying they constantly doing something about poverty and helping people aspire, their tax regime of regressive tax increases seems to have had the opposite effect.

The other one I heard on the TV before leaving the house on the BBC was that family conflict not whether the parents were together or apart had more impact on a child's well being. Therefore the Conservative incentivisation, through a tax-break, to stay married may have repercussions on the child if conflict ensues.

Indeed their policy only would affect 14% of the poorest families where only one parent works full time, fail to help 230,000 children living in in poverty in one parent families who juggle work to care for them. Nor will it help 29,000 children living in in poverty where both parents work. In total four out of five adults of working age would fail to benefit from this tax scheme, as well as the above 46% of adults living in poverty are single.

Of course the Lib Dems have a message that is clear regarding both those issues. We want a see a fairer tax system. We will lift the tax allowance threshold to £10,000 lifting 4million out of tax altogether and giving £700 to those lowest paid. We'll balance it with taxes on those that can afford it and on how we pollute.

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