In a Valentine's Day special, Labour candidates Anneliese Dodds and Naz Sarkar have warned that families earning £31,000 or more would lose their Child Tax Credits under Tory budget plans.
Shadow Chancellor George Osborne promised that if the Tories are elected he would bring in an early emergency budget, and was looking to find £400 Million from cuts to Child Tax Credits.
The Tories may or may not be postponing their "swingeing cuts", but the Treasury has calculated that to find that money Mr Osborne would have to end Child Tax Credits for all families earning over £31,000, or about 1.3 Million families across the country.
Naz says: "There are just over 10,000 families in the two Reading constituencies claiming Child Tax Credits, with just under 20,000 children between them, and many of those families would be hit hard, perhaps this year, perhaps next, if they vote Conservative when the election comes."
And Anneliese adds: "The Tories have never liked tax credits, and are planning to use the excuse of the recession to roll them back - while not forgetting of course in the same budget to cut inheritance tax for millionaires!"
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