The Institute for Fiscal Studies is a well known, quite staid but very respected think tank.
They’ve done their own analysis of the budget and have concluded that the “overall impact of the budget is regressive”. The conclusion is on p20 of the link
It’s bad enough to make the lowest paid, pensioners, the disabled and children for the banks crisis but to then pretend that you’re not is just plain hypocritical. “This is a progressive budget” said Osborne smugly yesterday. There’s something a bit 1984 about all this. The novel and the year…
