tax credits

Is there a smarter way to cut tax credits?

A political storm is brewing around the Chancellor's proposed  cuts to tax credits. A broad range of economists have expressed concern about the cuts,[1] and an equally broad range of politicians have expressed their opposition to the government's plans, from Boris Johnson to Jeremy Corbyn. In the House of Lords, a variety of measures are under consideration to water down the government's plans on tax credits, or to stop them from becoming law.