Jamie Reed – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Jamie Reed on 2015-11-04.

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 2 November 2015 to Question 13279, for what reason his Department has not estimated or calculated the number of families whose income will be reduced as a result of proposed changes to tax credits.

Damian Hinds

This Government is committed to moving from a high welfare, high tax, low wage economy to a lower welfare, lower tax, higher wage society. As the Chancellor has made clear, the Government will set out at Autumn Statement how we plan to achieve the same goal of reforming tax credits, saving the money we need to save to secure our economy, while at the same time helping in the transition.