TWO Dearne MPs have condemned the Budget as “not for working people.”
Wentworth and Dearne MP John Healey, a former treasury minister, criticised the government’s decisions to freeze the personal allowance for over 65s, to end working tax credits for part-time workers with a loss of £4,000 a year for hundreds of households in Rotherham and Barnsley, and to cut the 50p tax rate for those earning over £150,000, and drop the threshold at which the 40p rate of income tax is paid.
He said in South Yorkshire, the Government’s actions were “hurting but not working” with flat growth, higher unemployment, higher bills and lower confidence.
“In our area, more than 12 people are now competing for every single job that becomes vacant, and the number of young people without a job for more than six months has more than doubled in the past 12 months alone.
“The Chancellor singled out for special treatment those earning more than £150,000 a year, cutting their 50p income tax rate and giving them a tax break that is worth more to those people than many in Rotherham or Barnsley can earn in a year,” he blasted.
Barnsley East MP Michael Dugher said the Budget asks thousands of people in Barnsley to pay more, so that millionaires can pay less.
He said; “When people on middle and low incomes are being squeezed by rising fuel prices, seeing their tax credits and child benefit cut, when one million young people are out of work and there’s a big deficit to clear, it is the wrong priority to cut taxes for people earning over £150,000.
“The Chancellor could haved cut fuel duty, reverse cuts to tax credits, reduced cuts to police officers or paid the down the deficit.”