Tax Credit Cuts and the week (41)

http://www.bbc.co.uk/news/business-32276492

Conservatives plan to save 5bn gbp by cutting tax credits...  but they're willing to cut 1bn worth of tax income from inheritence tax..

this is a good thought on it:
http://guerillawire.org/politics/first-tory-budget-giveaways-for-the-obscenely-rich-funded-by-the-poor/

it really is starting something of a class war potentially.

George Osbourne:
"That tax credit bill would go up and up and up, the country couldn't afford it"

If he introduced the higher minimum wage, without cutting the tax credit, why wouldnt that cut the cost? That would be much more logical...

its all unravelling as more and more reports of the ill effects of the tax credit cuts come out, from amongst conservatives themselves. The Tories may be falling apart right in front of us. From desperate attacks by Hameron on Corbyn with out of context quotes,  with nasty Tory Theresa May's speech, and now this. We will see the erosion of the majority Cameron has.

Or maybe an alignment of centrists in Conservatives and Labour?

And lets not forget the problem of the government U-turn on renewable energies.. two solar panel companies going bust today.