Something that I actually agree with Polly Toynbee upon:
Johnson didn’t understand Corbyn’s point on the effect of universal credit (UC) on low-paid workers: any Greggs worker earning just over £12,500 a year would see almost all of their £300 bonus taken away from them owing to a steep taper. Imagine imposing that 75% tax rate on high earners.
15 years ago the same high taper applied to people earning only £5,000 or so. For the personal allowance for income tax, the starting point for national insurance was that low sum. The raising of those limits has thus reduced considerably, the marginal tax and benefits withdrawal rate for the poor.
Excellent stuff, which is why I proposed it and have since supported it. And yes, it really was me – me and the CPS at least – that got this happening.
Oddly, Polly opposed it. But then we don’t expect consistency from that source, do we?