To-day, anyone of working age in social housing who is deemed to have a spare bedroom will lose 14% of their housing benefit. If they have two or more rooms they neither need nor deserve – children and the disabled are of no account – they will lose 25%. Some 660,000 households will be affected by the changes, each losing an average of £14 a week.
In contrast, from next Saturday anyone earning £1 million will be at least £42,295 better off.
The 50p tax band George Osborne the treasurer said was worth next to nothing is actually worth £1.31 billion. Its worth is just slightly less, in other words, than three times the value of the housing benefit cut (660,000 x 14 x 52 doesn't even get you to half a billion.)
From here
In contrast, from next Saturday anyone earning £1 million will be at least £42,295 better off.
The 50p tax band George Osborne the treasurer said was worth next to nothing is actually worth £1.31 billion. Its worth is just slightly less, in other words, than three times the value of the housing benefit cut (660,000 x 14 x 52 doesn't even get you to half a billion.)
From here
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