Anything Wrong? Not my Fault Says Iain Duncan Smith.
TheGuardianpublishes a long interview with Iain Duncan Smith today,
This is worth noting,
Duncan Smith said that Britain’s welfare system – in particular the way in which the pay packets of the low-paid are topped up through tax credits – worsened the problem of dependency by reducing incentives to work. His grand idea, worked on in opposition at his Centre for Social Justice thinktank, and introduced when he came to power, was to encourage people into work by merging out-of-work benefits and in-work support into one monthly payment, known as universal credit. The new system is meant to encourage the low-paid to work longer hours by slowing the pace at which benefits are withdrawn, known as tapering, so that people will receive more of the extra money they earn.
Transferred from the seminar rooms of thinktanks to the reality…
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