Benefit Reforms Will Work, Says Leading Think Tank

Iain Duncan Smith’s plan to persuade millions of people that working is more lucrative than living on benefits could succeed, Britain’s leading economic think tank has said.  Reforms will widen the gap between wages and the income of people living on handouts, the Institute for Fiscal Studies said. It added that tax increases, benefit cuts and Universal Credit ‘will strengthen people’s incentives to work’.   The think tank said the complex changes will give the workless reason to seek a job and encourage those in jobs to work harder for promotions and pay rises.  Read more on the Daily Mail website.