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DirectoryenquirieszyprexaclassificationThecurtain-raiserwastheso-calledmarriagetaxbreak,whichunravelledinhours.TheInstituteforFiscalStudiessaysthepolicywoulddonothingfor69percentofmarriedcouples,and82percentoffamilieswithchildren.Aone-earnerfamilyon攏40,000ayearwouldgain,butatwo-earnercoupleon攏20,000–攏10,000each–wouldn’t.Fortheminoritywhodogain,攏3.85aweekwon’tcompensatefordeepcutstochildbenefitandtaxcreditsandhigherVAT. |