Quote:
Originally Posted by Mancie
Government Budget Cuts Are `Regressive,' Hit Poor Hardest ..
http://www.bloomberg.com/news/2010-0...ays.html..“The
"The distributional effect of all tax and benefit reforms due to be implemented by 2014-15 is clearly regressive within the bottom nine decile groups of the income distribution when losses are expressed as a percentage of net income,” the London-based IFS said in a report. Families with children in the bottom decile lose 5 percent of net income, the IFS said, compared with 1 percent for the richest decile."...
Just like I was saying...eh Jaysay? |
These think tanks can make figures say just what the people who commissioned the report want to hear, I would sooner listen to the treasury who have ALL the figures at their disposal not a mish mash, picked up willy nilly
