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Budget 2014: winners and losers

From Nigel Stanley's Touchstone blog:

The Treasury does a helpful breakdown of the overall effect of tax and benefit changes.

Here is the key chart.

It shows people in the three bottom deciles (and the top one) lose. All the deciles that gain are above median income.

If I were a cynic I might say that I suspect a graph of the voters that George Osborne would like to attract would have a similar shape.

distributional analysis to accompany Budget 2014 - budget_2014_distributional_analysis

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