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tavyred

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The income tax figure doesn't take into account dividend taxes, which should be raised in line with income tax. And I'm sure employers will happily pay 6.5 billion out of the goodness of their hearts, and not pass that cost into employees.
You can see why a Government would choose NI over other taxes to raise the money though?
Employers would have to just suck it up.
 

tavyred

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No I can't. I see no justification for raising tax in a way that will disproportionately impact young and poorer working people.
Likewise, I can’t see the justification for doubling the impact of the tax hike for average earners from £200 per year to over £400.
Hey-ho.
We ain’t going to agree on this one Hermie. 🤷‍♂️
 

angelic upstart

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Likewise, I can’t see the justification for doubling the impact of the tax hike for average earners from £200 per year to over £400.
Hey-ho.
We ain’t going to agree on this one Hermie. 🤷‍♂️
You wouldn't need to double it as the percentage added to income tax can be lower because millions more people pay it.
 

tavyred

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You wouldn't need to double it as the percentage added to income tax can be lower because millions more people pay it.
To raise the required amount via income tax it requires a 1p rise.
43% of U.K. adults don’t pay income tax BTW.
 

angelic upstart

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To raise the required amount via income tax it requires a 1p rise.
43% of U.K. adults don’t pay income tax BTW.
We have roughly 13 million on state pension. 4 million on PIP/DLA. Plenty of traditional families with one income, most of my friends are in that situation. I'm surprised 57% do pay tax.
 

tavyred

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We have roughly 13 million on state pension. 4 million on PIP/DLA. Plenty of traditional families with one income, most of my friends are in that situation. I'm surprised 57% do pay tax.
I think a fair old whack of those drawing a state pension will still be paying income tax when you factor in their occupational pensions as well AU.
 

DB9

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Reports in the Sunday Telegraph and Express Tory MP's are worried and are "At War" over the "Idiotic" idea to raise NI for Social Care and MP's in the new "Red Wall" seats are concerned that people up there will see the same old "Hit the poorest" Tories again. This idea for Social Care has really got to be thought through well and not rushed.
 
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