Get 'better paid job' for protectionOn 6 April, National Insurance contributions were increased by 1.25 percentage points to 13.25%.
Labour has called for the Conservatives to reverse the hike as families struggle with the cost of living, and said it would replace the rise with a windfall tax on oil and gas companies. The government has resisted calls to reverse the rise, with Mr Johnson saying the rise will help the NHS grapple with the pandemic backlog.A huge swathe of Tory MPs want this tax rise scrapped but Boris Johnson wants it to pay for social care and Rishi Sunak wants it to balance the books after that new spending commitment.The chancellor said he would cut the basic rate of income tax from 20 to 19 pence in the pound before spring 2024.
However, Paul Johnson, the director of the Institute for Fiscal Studies , said raising the National Insurance rate while cutting income tax"drives a further wedge between taxation of unearned income and earned income".Rishi Sunak has already promised to cut income tax before the next election. However, this doesn't help the lowest income brackets who are below the threshold and don't pay income tax or are on fixed incomes like pensioners.
Simple this one, those of us that voted Remain pay pre-Brexit prices. But don't worry Leavers, you will be better off. If the 17 million of you share the 350 million a week of savings you were promised, that is about 50 quid a week.
Windfall taxation Get it done and distributed
The government should be doing more to support and ease the cost of living crisis through reducing prices on everything instead of increasing prices on everything which is affecting everyone right now and the government is just not doing enough right now?!
ask biden to stop sanctioning russian energy.
Governments have only one real plank these days: importing people. Which actually makes everything worse, but they have some brainwashed to think that it doesn't, so they take that as a win.