tag:blogger.com,1999:blog-3501867054753420596.post7527131841605227129..comments2023-11-03T01:14:33.090-07:00Comments on Save Bedford Hospital: How to waste moneybarry monkhttp://www.blogger.com/profile/03323504044735996966noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3501867054753420596.post-30150101386990531362008-04-03T11:18:00.000-07:002008-04-03T11:18:00.000-07:00More than 20 Labour MPs have criticised the govern...More than 20 Labour MPs have criticised the government for failing to protect poor families from the impact of the abolition of the 10p income tax band next week.<BR/><BR/>They have signed a Commons early day motion saying that they are "dismayed" at the government's failure to do more to support the 5 million poorer households who risk losing out under Brown's initiative.<BR/><BR/>Brown grabbed the headlines in his final budget as chancellor last year by announcing that the basic rate of income tax would be cut from 22p in the pound to 20p.<BR/><BR/>But the cut was funded almost entirely by the abolition of the 10p starting rate of income tax.<BR/><BR/>The Institute of Fiscal Studies claims that these income tax changes, which will take effect on April 6, will leave around 5.3 million families earning between £5,400 and £18,500 a year worse off.Anonymousnoreply@blogger.com