From the TUC

Budget 2014: Winners and losers

19 Mar 2014, by in Economics

The Treasury does a helpful breakdown of the overall effect of tax and benefit changes. Here is the key chart.

It shows people in the three bottom deciles (and the top one)  lose. All the deciles that gain are above median income.

If I were a cynic I might say that I suspect a graph of the voters that George Osborne would like to attract would have a similar shape.

distributional analysis to accompany Budget 2014 - budget_2014_distributional_analysis

One Response to Budget 2014: Winners and losers

  1. Yesterday’s budget failed to deliver the help that the UK’s hard pressed households need | Left Foot Forward
    Mar 20th 2014, 8:00 am

    […] distributional analysis makes clear that whatever the spin, benefit and tax changes mean that those in the lower income deciles will be worse off next year, and when the impacts of public spending cuts are included everyone is a […]