The gambling industry is a licence to print money. Tax it properly and turbocharge the fight against child poverty | Gordon Brown
Briefly

From 1945 to 1951, Labour created Britain's welfare state, establishing a free National Health Service and family allowances during austerity. In the 1970s, child benefit was introduced for 7 million families amid an oil shock. By 2010, tax credits rose from zero in 1997 to 30 billion, helping millions escape poverty. Keir Starmer and Rachel Reeves launched a child poverty review to cut child poverty without breaching manifesto commitments. Proposals include taxing the profitable gambling industry, creating necessary revenue to combat child poverty effectively while considering fiscal realities.
Following recent reports from the Social Market Foundation and the Institute for Public Policy Research (IPPR), it's clear that we can identify sources of revenues to fight the war against child poverty.
Labour introduced child benefit for 7 million families in the 1970s, allowing for significant improvements in the lives of those affected by rising deficits.
The government had raised tax credits from zero in 1997 to 30bn by 2010, effectively lifting millions of pensioners and children out of poverty.
Keir Starmer and Rachel Reeves established the child poverty review with a goal of ensuring an enduring reduction in child poverty in this parliament.
Read at www.theguardian.com
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