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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.
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