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Well, we were told that "we're all in together", that the austerity package would allow the rich to bare the bigger share of the burden - but as we cynics thought at the time - it seems the Institute of Fiscal Studies find the poor will be bearing the biggest burden of the cuts. Think the LibDems have signed their own electoral death warrant. :roll:

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As someone pointed out on the radio this morning, if 75% of the rebalancing of the deficit is to come from reduced spending with 25% from increased taxation, then it's inevitable that the majority of the pain has to be felt by those who rely the most on the public purse.


On the other hand, it's that same group who have benefited most from the past years of out of control public spending. So maybe it's not so unjust after all.

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