I fully support the idea of scrapping Child Benefit payments for the well off. HOWEVER, like a number of people, I don’t think George Osborne has really thought the delivery of this one through. How can it be fair that in one house, two people earning 40k each (combined income of 80k) will still be in receipt of the benefit, but the house next door, where only one person works and earns 45k (other partner looks after the children) wont get the benefit. That is just ludicrous.
The excuse? The tax system is too complex to cope with anything more detailed. You know what that says to me? That the tax system needs a comprehensive overhaul rather than continuing to tinker round the edges!
I don’t disagree with the sentiment, I do strongly disagree with the proposed delivery.