Karen Buck the Labour MP tweeted a stunning and stunningly simple message which exposes the bedroom tax for what it is, a costly mistake.
Here is how the bedroom tax costs the taxpayer in just one case the princely sum of £7,398.92 per year more in Housing Benefit.
The HB bill for this social tenant who downsized from a social housing 2 bed to a social housing 1 bed (Yes no private rental involved here!) increases from £5,384.83 per year to £12,783.75 per year.
This social housing tenant would have received £103.20 per week in HB in the £120 per week 2 bed social housing property after the 14% bedroom tax deduction was applied. Yet she downsized to a 1 bed “affordable rent” (sic) social housing property with a rent of £245 per week all of which is payable in Housing Benefit as there is no bedroom tax and because the misnamed affordable rent property attracts 100% in HB.
Of course if the tenant had moved to a 1 bed private rented property in Westminster then she would have received £255.50 in LHA per week and cost the taxpayer a further £547.88 per year more. Though she would have had to pay £51.04 per week to cover the shortfall between her £255.50 LHA and her rent of £306 per week.
What a damning indictment of the bedroom tax and its claimed savings to the taxpayer!
What a damning indictment of the coalitions “affordable” (sic) rent policy too?
What better retort to IDS, Freud, Mcvey et al saying the bedroom tax saves the taxpayer? What better retort to the nonsense Grant Shapps MP said today about the savings from the bedroom tax will go into building new properties!!
Yes dear reader, the Tories are lying when they say the bedroom tax saves money as it costs the taxpayer MORE.