Osborne confident poor families won’t notice losing £230 a monthTHE chancellor is confident poor families will not realise that cuts to tax credits have drastically reduced their income.
Osborne has cleverly brought in the cuts straight away, but delayed increases in the minimum wage until 2019 after assuming most low-income households are too bad at maths to spot it.
He said: “It’s like a game of Find the Lady. Is your money here, under the living wage cup? Or here, under the increased personal tax allowance cup?
“They’ll be so dazzled by the street-corner showmanship they’ll have no idea their actual income has dropped by two grand a year – a sum easily covered by some simple household savings.
“Then when the other stuff comes in, they’ll be so grateful to generous Mr Osborne that they’ll insist on making me the next prime minister. Boom!”
Osborne ruled out trying the same trick when closing corporate tax loopholes, adding: “They have accountants who are even cleverer than I am.”
http://www.thedailymash.co.uk/politics/ ... 1016103001
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