Clegg’s Progressive £10,000 Threshold Hike
Benefits Low Income Earners Most

A lot of chaff is being thrown up about the £10,000 tax threshold hike being pushed by Clegg this morning. Matthew Sinclair over at the Taxpayers’ Alliance has sent this chart proving the point Guido has been making all day. Those on low earnings benefit proportionately the most.

Those on lower earnings, e.g. the second decile (£10,853 according to ONS data) will see their post-tax earnings rise by 4.7%, those in the highest decile will see their post tax earnings rise by just 1.1%. Now some policy wonks on the left complain that middle income earners will see their post tax income rise by some 2% and that this is “a waste of money”. The squeezed middle-classes need some help as well, this is a good thing, not a flaw. The hike shouldn’t be paid for by once again shifting the higher rate threshold either. The coalition parties should stop piling on the pressure on the very demographic that voted them into office to cut taxes…



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Preston Council leader Peter Rankin explains rising anti-Semitism…

“You need to think why this anti-semitism is getting worse. It’s because of the actions of the IDF shelling schools and hospitals and killing and maiming thousands of men, women and children.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

SADIQ: “I’M SORRY” FOR RACIAL SLUR AGAINST MODERATE MUSLIMS SADIQ: “I’M SORRY” FOR RACIAL SLUR AGAINST MODERATE MUSLIMS
TWO MORE LABOUR COUNCILLORS RANTED ABOUT “JEWS” TWO MORE LABOUR COUNCILLORS RANTED ABOUT “JEWS”
CRUZ QUITS, HITS WIFE CRUZ QUITS, HITS WIFE
KHAN CALLED MODERATE MUSLIMS “UNCLE TOMS” ON IRANIAN STATE TV KHAN CALLED MODERATE MUSLIMS “UNCLE TOMS” ON IRANIAN STATE TV
NAZ SHAH RESIGNS FROM HOME AFFAIRS SELECT COMMITTEE NAZ SHAH RESIGNS FROM HOME AFFAIRS SELECT COMMITTEE
HAMAS DISTANCE THEMSELVES FROM CORBYN HAMAS DISTANCE THEMSELVES FROM CORBYN
LABOUR COUNCILLOR DEFENDS COMPARING JEWS TO HITLER LABOUR COUNCILLOR DEFENDS COMPARING JEWS TO HITLER
TOP CORBYNISTA MP TWEETED ABOUT PUTTING ISRAEL IN MID-WEST OF AMERICA TOP CORBYNISTA MP TWEETED ABOUT PUTTING ISRAEL IN MID-WEST OF AMERICA
GOVE TOPS CONHOME POLL AGAIN GOVE TOPS CONHOME POLL AGAIN
UBER, BUT FOR BREXIT UBER, BUT FOR BREXIT
LABOUR’S BANK HOLIDAY TIMELINE LABOUR’S BANK HOLIDAY TIMELINE
THIRD LABOUR COUNCILLOR SUSPENDED OVER “HITLER” TWEET THIRD LABOUR COUNCILLOR SUSPENDED OVER “HITLER” TWEET
LABOUR COUNCILLOR: ISRAEL BEHIND ISIS, “ZIONIST JEWS ARE A DISGRACE TO HUMANITY” LABOUR COUNCILLOR: ISRAEL BEHIND ISIS, “ZIONIST JEWS ARE A DISGRACE TO HUMANITY”
ANOTHER LABOUR POLITICIAN WANTS TO “RELOCATE” JEWS TO AMERICA ANOTHER LABOUR POLITICIAN WANTS TO “RELOCATE” JEWS TO AMERICA
DIANE ABBOTT CAR CRASH: ANTI-SEMITISM A “SMEAR” DIANE ABBOTT CAR CRASH: ANTI-SEMITISM A “SMEAR”
KHAN ALLY: “ISRAEL IS A TERRORIST STATE LIKE ISIS” KHAN ALLY: “ISRAEL IS A TERRORIST STATE LIKE ISIS”
DIANE ABBOTT DEFENDS NAZ SHAH, SAYS ANTI-SEMITISM ISN’T A PROBLEM FOR LABOUR DIANE ABBOTT DEFENDS NAZ SHAH, SAYS ANTI-SEMITISM ISN’T A PROBLEM FOR LABOUR
Fiorina Drops Fiorina Drops
£500,000 EXPENSES FRAUDSTER MEP JAILED £500,000 EXPENSES FRAUDSTER MEP JAILED
SEUMAS MILNE PRAISES HAMAS SEUMAS MILNE PRAISES HAMAS
ALLEGED GRANNY BASHER MP IN COURT TODAY ALLEGED GRANNY BASHER MP IN COURT TODAY
CORBYN AGREES BBC ARE “ZIONIST LIARS” CORBYN AGREES BBC ARE “ZIONIST LIARS”
LABOUR IN CRISIS LABOUR IN CRISIS
KHAN ON KEN, KEN ON KHAN KHAN ON KEN, KEN ON KHAN
CORBYN’S CALLAGHAN MOMENT CORBYN’S CALLAGHAN MOMENT
BERNARD JENKIN ACCUSES NO. 10 OF CASH FOR QUESTIONS BERNARD JENKIN ACCUSES NO. 10 OF CASH FOR QUESTIONS
JOHN MANN TELLS KEN “YOU’RE A F**KING DISGRACE” JOHN MANN TELLS KEN “YOU’RE A F**KING DISGRACE”
KHAN CAMPAIGNED FOR NAZ SHAH, DEFENDED KEN ON ANTI-SEMITISM KHAN CAMPAIGNED FOR NAZ SHAH, DEFENDED KEN ON ANTI-SEMITISM
KEN: “HITLER WAS SUPPORTING ZIONISM” KEN: “HITLER WAS SUPPORTING ZIONISM”
NEUBERGER AND LEVY ON LABOUR’S ANTI-SEMITISM NEUBERGER AND LEVY ON LABOUR’S ANTI-SEMITISM