There is room for real, substantial reform to the EU budget and many other aspects of the functioning and policy of European institutions, says Simon Barrow. But to address these issues properly, Britain’s political leaders should abandon rather than feed the narrow Westminster mindset that the recent EU budget row exemplifies.
This morning (22 March 2012) Chancellor George Osborne is mainly taking stick for his so-called 'granny tax' - as the tabloids put it. That is the tax adjustments which mean that 4.41 million pensioners lose money and the Treasury claws back some £1.2 billion.
Amidst all the budget fuss over 50p tax rates for the very wealthy and the ‘injustice’ of higher rate taxpayers losing out on Child Benefit, who is prepared to speak up for 212,000 low income working families set to lose £3,870 a year each? It is they who are facing the biggest cut in incomes come April this year.