Skip to main content

Tory plans leave families even worse off

A TUC analysis of Tory tax and benefit plans revealed yesterday that they would leave working families hundreds of pounds worse off every year. 

Prime Minister David Cameron launched a tax giveaway in his conference speech to cheer-up beleaguered activists. 

“With us, if you work 30 hours a week on minimum wage, you will pay no income tax at all. Nothing. Zero. Zilch,” he said.

But TUC research shows that a couple-family with two children and 30 hours’ work at the national minimum wage would suffer a net loss of £320 a year.

Most families on a single minimum wage will still need to claim in-work benefits. 

Means-testing will therefore reduce the net gain from the income tax cut to just £60 a year instead of £400.

“The Conservative plans will make the lowest paid families foot the bill for tax cuts for the rich,” said TUC leader Frances O’Grady.

OWNED BY OUR READERS

We're a reader-owned co-operative, which means you can become part of the paper too by buying shares in the People’s Press Printing Society.

Become a supporter

Fighting fund

You've Raised:£ 16,894
We need:£ 1,106
1 Days remaining
Donate today