Tax Credits Debate

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Department: HM Treasury
Tuesday 15th September 2015

(9 years, 2 months ago)

Commons Chamber
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Seema Malhotra Portrait Seema Malhotra
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My hon. Friend is entirely right. We are standing up for families who are doing the right thing: going out, working hard and trying to support themselves and their children.

Jack Dromey Portrait Jack Dromey (Birmingham, Erdington) (Lab)
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As a founder member of the drive, initially in London, for the real living wage, may I ask whether my hon. Friend agrees that the phoney living wage of the Chancellor of the Exchequer will not begin to compensate for the tax credit cuts, which will hit those in work particularly hard and will therefore punish the very strivers about whom the Chancellor is always lecturing us?

Seema Malhotra Portrait Seema Malhotra
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I thank my hon. Friend for that intervention and for highlighting that the living wage will be lower than in any year since 2011. That is another example of this Government’s lack of transparency.

This move today amounts to a huge cut in the income levels of hard-working families.