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originally posted by: boymonkey74
a reply to: nonspecific
They are cutting working tax credits and making business pay us better.
Looks good on paper but I suspect we will be worse off.
I saw an interview with some young adults and they are cutting housing benefit and raising university costs they sure wasn't happy.
originally posted by: Metallicus
Why not just give everyone a yearly stipend equal to a living wage? We should quit pretending any work is required for this money and just give it away. It isn't like the jobs we are talking about are skilled or even needed.
We agree with the Chancellor that work should be the surest way out of poverty. However, this announcement raises several important questions.
“Is this really a Living Wage? The Living Wage is calculated according to the cost of living whereas the Low Pay Commission calculates a rate according to what the market can bear. Without a change of remit for the Low Pay Commission this is effectively a higher National Minimum Wage and not a Living Wage.
“Secondly, what about London? We have been working with the Mayor of London for seven years and there’s a London Living Wage rate that recognises the higher costs in the capital, currently £9.15 per hour. These changes will not help the 586,000 people for whom even the 2020 rate announced today would not be enough to live on now.
“Thirdly, what about the 2 million under-25s who are not covered by this announcement? To make sure workers in London and those under 25 do not lose out, we call on employers to join the group of 1,600 organisations that have already chosen to become voluntary Living Wage employers.
“And, lastly, do the tax credit changes announced today mean that the Living Wage needs to be higher to make sure people have enough?