Duh!

You won't need me to tell you that the Government's policy on Child Benefit is half-baked. Unless you're Nick Clegg, George Osbourne or any other member of the Cabinet, that is. As I doubt whether any of those cretins read this blog I shan't bother going into details of how badly thought through the policy is. Suffice it to say that they are going to end up spending a fair bit of the estimated savings from the policy on the costs of implementing it. That's if there are any civil servants left to do the work of sending out letters, checking the replies, and implementing the tax code changes. And if Cameron carries out his vague promise of changes in taxation for 'married couples', I expect those costs (in tax relief as well as administration) will completely wipe out any savings from the Child Benefit clawback.