Entirely removing my worries about agreeing with the man, Byers then fails in his thrid proposal as well:
If we are serious about making work pay then it has to be unacceptable that we now have nearly 2m people facing marginal deduction rates from household income of more than 60%. Many will be the working poor who will have been hit by the abolition of the 10p rate.
If they decide to work longer hours to make up for their lost income, they will receive only 40p in every £1 earned because as their income goes up benefits and credits are withdrawn. More needs to be done to simplify the benefits and tax credits system to reward hard work.
Yes, indeed, but it would help if he’d noted that by hugely raising the personal allowance we’ve already solved this problem. As the benefits system and the tax system will (largely) no longer overlap, we’ve brought down those all important marginal tax rates.
Still it is an advance, don’t you think? One out of three ideas from a Labour politician being a good one is better than the recent track record, so things can indeed only get better.