Sam Bowman, Executive Director of the ASI, has had his comments on the Autumn Statement featured in City AM.
This is the right decision on tax credits and we applaud the chancellor for changing his mind. Tax credits are the right way of doing welfare, encouraging people into work and topping up the incomes of the working poor.But now that they have been protected, we should reform the system by making it less complex and automatic, just as PAYE taxation is run.