Former Labor Prime Minister Gordon Brown has reiterated his call for high taxes on gambling to pick up half a million children from poverty.
He supported a think tank report from the Institute for Public Policy Research (IPPR), saying that this step could increase £ 3.2bn to scrap the two-child limit and profit cap.
Brown, who was also a Chancellor under Tony Blair, said that taxes on online casino and slot machines would be “the first important step in war we should work against child poverty”.
A spokesman for betting and gaming council dismissed the proposals, described them as “financially careless” and claimed that they could push the gamblers on the black market.
The Department of Media, Culture and Sports has been contacted for comment.
The two-child range and profit cap affects 1.6 million children and is blamed for the rising rates of food insecurity Anti-povertyThose who say that getting rid of the cap is the “single most effective” step that Chancellor can take to reduce hair poverty.
The two-child limit is prohibited from the child tax credit and the universal credit (UC) to the first two children in the first two homes, while the profit cap sees the amount of benefits that receive a house to ensure that the claimants do not get more than the limit.
The government is expected to publish a child poverty strategy in the autumn, and children’s donations and campaign groups have been united to eliminate the two-child limit.
Write MentorBrown States: “Britain is now eliminating the worst level of child poverty since the start of modern records, Thaccher-Major is worse than years, and is much worse than most European countries …
“These are children of penance, victims of the 14-year Tory rule, an era whose most executive work was to behave newborn third and fourth children as second class citizens, who were depriving them all the income support available for their first and second siblings.”
“A fully unacceptable” is ready to grow up to 4.8 million, giving a flag to that child poverty, Brown has urged Chancellor Rachel Reves to fund hair poverty to make “a direct budget option” to increase taxes on online gambling companies.
Proposals focus on online gambling firms – the rapidly growing part of the industry – and avoid any changes in bingo or lottery.
IPPR suggested taxes growing from 21% to 50% on online casinos Slots and gaming machines From 20% to 50%.
Many are based on online gambling firms and UK Corporation Tax, flags of IPPR reports or much less or no payment, and already benefit from unique tax benefits, including full discounts from VAT.
The IPPR said that the way he suggested that increasing gambling taxes would not be likely to reduce overall government revenue.
Henry Parks, Principal Economist at IPPR and head of quantitative research, said: “The gambling industry is highly profitable, yet is exempted from paying VAT and often no corporation taxes with offshore firms based on many online firms.
“It is also unavoidable that gambling causes severe damage, especially in its most high-day forms.
“Set against the context of hair poverty stark and rising levels, it is only asked to contribute a little more to this industry.”
But a spokesman for betting and gaming council said that he rejected “financially careless, factually misleading” proposals, which he insisted that “the risk of” growing, unprotected, irregular gambling risk, which does not protect consumers and contributes zero tax “.
He said: “Further tax moves, fresh from the back of government reforms, which will cost more than one billion area in lost revenue, more than good damage – for pus, jobs, development and public finance.”
