Shocking new research by the House of Commons Library shows that Tory changes to tax credits will leave working families in average £1,300 worse off a year.
The Tories are breaking their promise to stand up for working people. Over three million families will be affected by this cut to tax credits.
In Newport East alone, around 4,500 families will be hit. Instead of helping working people, the Tories are pushing through changes which will hit working families in the wallet. The Tories have not planned any transitional changes to protect affected families.
2.7 million families with children will be left out of pocket, and there is a real risk that children will suffer directly as a result of these changes.
Labour has launched a campaign to call on David Cameron to stop the tax credit cut. You can sign the petition at labour.org.uk/taxcredits.