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Why tax credit cuts could boost Conservative support

The Chancellor is trying to demonstrate his prudent grip of public finances

By Peter Kellner  

George Osborne has been tipped as a potential head of the IMF. Photo: PA

Whenever someone wishes to dramatise a bad government decision, they are likely to recall the greatest fiasco of the Thatcher years and invoke the poll tax. It has been used variously to condemn rail nationalisation (“poll tax on wheels”), plans to introduce identity cards and even George Osborne’s ill-judged 2012 budget and, among other thing, his “pasty…

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