Budget 2016: Income Tax cuts will see the richest benefit by benefit, but the poor again left with less.
George Osborne delivered a bitter sweet budget as he announced a surprise tax on fizzy drinks but slash public spending while handing the rich a massive tax cut. This budget no different to his other seven, simply allowing his business pals to enjoy tax breaks that allow them to dodge billions in corporation tax, and the super rich again enjoying lower rates of income tax.
His budget he maintained also was ' a budget that puts the next generation first.' but what the next generation will inherit will be the shadow of a welfare state that once enabled people from disadvantaged backgrounds to survive.
Furthermore a third of his budget cuts will come from disability benefits, as the Chancellor revoltingly informed us that he had made a conscious decision to save £ 4.4 by cruelly cutting Personal Independence Payments (PIP) to 640,000 by 2020.
The sight of Osborne being mauled and petted by his chums was pretty nauseating too. But in one of his strongest performances at the disbatch box, the labor leader Jeremy Corbyn responded well ( not that their are not faults in his policies) in recognising that the buget had 'unfairness to it's core''
He said " The budget the chancellor has delivered is actually the culmination of six years of his failures. It is a recovery built on sand on and a budget of failure. He's failed on the budget deficit, failed on debt, failed on investment, failed on productivity, failed on trade deficit, failed on the welfare cap, failed to tackle inequality in this country.
Going on to say :-
' This budget has unfairness at its very core, paid for those who can least afford it. He could not have made his priorities clearer - while 500,000 people with disabilities are losing over £1bn in PIP, corporation tax is being cut and billions handed out in tax cuts to the very wealthy."
Yes, at the end of the day this budget is a total disaster for the most vulnerable people in the UK, but 100 billion left for trident which could have cut the NHS hole and help end austerity and help the poor and needy and pay poor tax payers back , the money stolen by the Tory's to bail the banksters out.
Oh and a little less cleavage on the Tory front bench would have been much appreciated too, vent over, think I'll go and have a wee drink, the stronger the better.
Jeremy Corbyn's full response to budget here:-