Universal Credit Will Be Worse Than Tax Credits Says Think Tank Run By Tory
Leave a commentMay 4, 2016 by socialaction2014
How Universal Credit won’t make work pay for many (click to enlarge)
The DWP is attempting a defence of Universal Credit as criticism of the bungled reforms to the social security system grow ever louder.
The Resolution Foundation, a think-tank run by a former Tory minister, have slammed Universal Credit today warning that it will no longer make work pay for many claimants due to savage cuts. According to a report published by the group the changes to the benefit’s system will “on balance be less generous than the tax credit system for working families”. Those hardest hit are likely to be second earners and working lone parents. These impacts will still be felt despite the rise in the minimum wage and cuts to income tax. This will leave a suspicion that Universal Credit has become “a simple exercise in cost cutting” warns the organisation.
Making work pay was…
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