Whilst the policy did indeed lift a lot of people out of debt, the administration of it was a nightmare, it was this I was alluding to. A well meaning policy but was over bureaucratic in terms of applying, based upon previous declared earnings and projected earnings that could be manipulated, hence overpayments that were written off by HMRC. The claiming back of some overpayments meant that some people (who made an honest mistake) suddenly found that they had less money than before. Some had debt collection agencies knocking on the door several years later seeking monies for repayment.
On 27 Feb 2013, at 21:23, "Damian Walsh" <pussaydam...@gmail.com> wrote: > ????? Didn't the tax credits policy lift more that a million children out > of poverty? I think that the policy did exactly what it said on the tin and > I can't think of any other "welfare" or "redistibution" or "liberal" policy > (choose you local flavour) that was so successful since the introduction of > old age pensions in the early 20th Century. > > While two wrongs don't make a right, it is temting to think that a billion > overpayment given the results of that policy is cheap at several hundred > times the price when compared to the banking bailout. > > Damian > > On Wed, Feb 27, 2013 at 3:00 PM, Chris Briggs <c_bri...@hotmail.co.uk>wrote: > >> Tax credits fiasco anyone, if I remember correctly it overpaid by well >> over a billion? > _______________________________________________ > Leedslist mailing list > Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist > To unsubscribe, email leedslist-unsubscr...@gn.apc.org > > MARCHING ON TOGETHER _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email leedslist-unsubscr...@gn.apc.org MARCHING ON TOGETHER
