IFS analysis chimes with Duncan Smith's budget warning
by Phillip Inman Economics correspondent from Economics | The Guardian on (#17T05)
Research shows budget preserves income of wealthier households, while poorest could lose 12% of their income by 2019
Iain Duncan Smith's warning that George Osborne's budget will hit poorer families hardest while preserving the incomes of the better off and pensioners has been backed up by an influential thinktank.
Related: The IDS way: Victorian morality, reforming zeal and gross incompetence
Continue reading...