SSIAs and tax cuts will do nothing for the poor

I READ recently that a report from the ERSI has indicated that 8% of the population, or approximately 300,000 people, including many children, are living in consistent poverty.

What little hope I had that something might be done to remedy this situation evaporated in view of the thinking that permitted the SSIAs and the PDs’ policy on taxation.

With the SSIAs, the Government gave people, some of whom were already well off, more money for doing nothing. And when the time comes soon to cash them in, the Government will reward those who were already well-off with even more money if they invest in a personal pension scheme.