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<p>The distributional analysis published alongside Autumn Statement 2014, and at every
fiscal event since the government came into office, represents the most complete,
rigorous and detailed record of the impact of this government’s policies on households.
Unlike other analyses, it looks not only at the effect of direct tax and welfare decisions,
but also the impact of changes to indirect tax (such as the freeze to fuel duty) and
changes to spending on public services.</p><p> </p><p> </p><p> </p><p>This analysis
clearly shows that the richest households have made the largest contribution towards
reducing the deficit. In fact, by 2015-16 the net cash contribution to reducing the
deficit of the richest 20 per cent will be larger than the net contribution of the
remaining 80 per cent put together.</p><p> </p>
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