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NI Hike?
Plan to hike national insurance payments to fund social care attacked as ‘tax on the young’
Whilst I welcome the government’s focus on fixing social care, this is an unfair way of doing it,” tweeted Andy Burnham, the Greater Manchester mayor and a former Labour health secretary.
“NI is a regressive tax paid by working-age adults. How can it be right to ask a generation already saddled with university fees & high housing costs to pick up the whole tab?”
Gavin Barwell, Theresa May’s former chief of staff, said the government was right to push up taxes to fix social care but “wrong to pick national insurance”.
The tax, which is not paid by anyone receiving the state pension is “regressive”, he said, adding: “Why should older people with good incomes not contribute?”
https://www.msn.com/en-gb/news/uknews/plan-to-hike-national-insurance-payments-to-fund-social-care-attacked-as-tax-on-the-young/ar-AAMlL0X?ocid=msedgntp
Whilst I welcome the government’s focus on fixing social care, this is an unfair way of doing it,” tweeted Andy Burnham, the Greater Manchester mayor and a former Labour health secretary.
“NI is a regressive tax paid by working-age adults. How can it be right to ask a generation already saddled with university fees & high housing costs to pick up the whole tab?”
Gavin Barwell, Theresa May’s former chief of staff, said the government was right to push up taxes to fix social care but “wrong to pick national insurance”.
The tax, which is not paid by anyone receiving the state pension is “regressive”, he said, adding: “Why should older people with good incomes not contribute?”
https://www.msn.com/en-gb/news/uknews/plan-to-hike-national-insurance-payments-to-fund-social-care-attacked-as-tax-on-the-young/ar-AAMlL0X?ocid=msedgntp
Comments
This because pensioners of today, did not pay university fees, are less affected by housing costs, and dont pay NI.
Yet they will be first to reap any benefits.
Youngsters of today will be subjected to the increased costs throughout their whole lives.
https://www.msn.com/en-gb/news/uknews/social-care-rescue-plan-in-jeopardy-as-minister-rejects-raising-national-insurance-to-fund-it/ar-AAMqoVd?ocid=msedgntp