Very well known Exeweb poster
- May 5, 2009
- Hunkered down
Not correct. NIC does not apply to earnings of employed workers over pension age, nor to self employed profits of folk over pension age. Nor to pension income nor investment income.Everyone affected, everyone contributes in my view. The low paid already contribute very little in income tax, and isn’t NI traditionally linked to paying for the NHS anyway?
Unless of course the scope of NIC is to be widened.
This rise will hit workers to allow the elderly to pass on more wealth to their sometimes undeserving children.
Put up Inheritance Tax instead to pay for this.
No applause from me for Bunter on this one.