Green Politics

Chart: Distributional impact of autumn statement measures shows poorest hit hardest

The poorest get hit the most by the measures in yesterday's autumn statement.

Shamik Das · 1 min read

 

Once again, as with previous statements, reviews and budgets from George Osborne, the poorest get hit the most by the measures in yesterday’s autumn statement, with richer deciles hit less, aside from the top decile.

And even then, the top ten per cent fare better than the bottom 40%, making a mockery of Osborne’s repeated claims about those with the broadest shoulders bearing the biggest burden, that “we’re all in it together”:

IFS-distributional-impact-of-Autumn-Statement-2012-measures
Source: IFS analysis of personal taxes and benefits, autumn statement 2012.

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