If I've read this graph from the Treasury budget book correctly, the bottom 10% of the population by income are more negatively affected by the Budget as a percentage of their net income than any of the successive seven income deciles:
I expect redistribution away from the poorest from the Tories. It's why they exist. How the Lib Dems can vote for this after years of lecturing us that they were to our left is beyond me.
Even if you believe that it makes economic sense to cut the deficit this fast - which clearly I don't as I still think we need to be pump-priming our way to growth for another year - the combination of tax and spending changes could have been adjusted to put more of the burden of deficit reduction on the better off and less on the poorest - particularly by raising other taxes rather than VAT.