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Most liked posts in thread: Social Care, NHS, National Insurance

  1. Mike Hunt

    Mike Hunt Impact Sub

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    Five years ago it was painted on the side of a bus that we could give the NHS £350m a week more if we left the EU.

    Now Johnson is saying the ordinary working man and woman needs to pay more tax to fund healthcare, whether that’s primary, secondary tertiary or social is irrelevant, we’re being told to pay more.

    The wealthy who live off share dividends and other mysterious sources of income won’t have to pay any more tax than they do now.

    Penny dropped yet?
     
    Skyebantam, vladimir, Nottsy and 8 others like this.
  2. Storck

    Storck Regular Starter

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    Could introduce a super tax for income over £150k or whatever level.
    Personally I think any increase should be on income tax rather than NI so that all people earning income are hit equally rather than just income from employment
     
  3. Craven Cottager

    Craven Cottager Squad Player

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  4. Hoochy-Min

    Hoochy-Min Squad Player

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    Blame Covid; they will.
     
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  5. Offcomedun

    Offcomedun Important Player
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    It does seem ridiculous that those who are working bear the brunt of this tax increase to fund social care. Yet retired people (like me) who will benefit most don't pay NI Contributions.
    It would be much better to raise general Income Tax, which is paid by retired people with sufficient income to take them over the threshold, rather than lump it all onto younger working people.
     
  6. trevor

    trevor Squad Player
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    Triple lock on pension manifesto promise also broken today with wages taken out of the increase and just the higher of inflation or 2,5% to count as the increase,
    This will mean instead of an increase matching wages of 8.8% they will now get a increase of 2.5% cutting the pension increase by 6.3%
     
    #17 trevor, Sep 7, 2021
    Last edited: Sep 7, 2021
  7. Dennis

    Dennis Captain
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    It's not being driven by pay increases despite what some Govt ministers have said! It's a consequence of the fall in average earnings during Covid from shutting down parts of the economy and furloughing a few million. Now that the economy has reopened, average earnings have been restored and therefore have increased from Covid times. Although some may have reveived a pay inceease, most of the 8% increase in earnings has arisen from people going back to full pay from working again. It's just a consequence from pay bouncing back to normal levels.

    I guess that's why the Govt is suspending the earnings part of the triple lock for 12 months. If however, they try doing it for longer than 12 months, they'll have a hard time justifying that!
     
  8. trevor

    trevor Squad Player
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    National Insurance is just income tax by another name but is paid more by the lower income groups with a reduced rate for high earners,
    The increase funding if needed should be on income tax say a 2p increase which would be paid by all including non employed so much fairer, Of course the right thing would be to wrap income tax and national insurance together in one tax but governments fear that although for the best that people may well understand better how much tax they are paying,
     
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  9. Aaron Baker

    Aaron Baker Impact Sub

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    Nobody ever does!!

    The dividend levy might help even it up a bit but it's still not ideal. Think the only real benefit to NI over IT is that it's also paid by employers.

    It's very weird to see a Conservative government increasing tax to fund social care/NHS and be criticised by people who are left leaning. We almost seem to have the most socialist government we've had for a decade or more but it doesn't seem to actually be pleasing anybody.

    [​IMG]
     
    1975citygent, bantamdave41 and Bronco like this.
  10. Park bantam

    Park bantam Regular Starter
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    At least credit should be given for at least an attempt to do something about social care. The trouble is the NHS is a cash cow and no matter how much you put in it will swallow it up.
    A root and branch efficiently drive needs to take place and a national plan for social care so that the extra money can be justified.
     
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  11. Dennis

    Dennis Captain
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    There have been many attempts to at least start to harmonise the tax and NI systems. There are lots of reasons why that hasn't been successful but other than one big issue, I don't understand why more hasn't been done. As an example, the lower earnings level at which NI become payable was being gradually increased to match with the basic income tax personal allowance at which point income tax is first levied. But that was then quietly dropped when Osborne was trying to take more people out of tax .. but not out of NI! Bizarre.

    But there is a fundamental (and political) issue with NI and pensions. Tax is clearly levied on all pension payments but NI is only levied on earnings (which don't include pensions) and even then only upto retirement age. Can you imagine the furore if one of the political parties were to propose levying NI on pensions for over 10 million pensioners whose tendency to vote in GEs is greater than for any other demographic? Even though it's the right thing to do, I can't see it happening.
     
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  12. Rogered Tart

    Rogered Tart Regular Starter
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    They are both as bad as each other although i'd say the present government is the worst in living memory. Its hard to think of anything they've done that you could put a positive spin on despite bumbling Boris's claims. You could say getting the vaccine out to the public but then that would be like letting a building on fire burn out of control then sending in the fire service when its burnt itself out. I mean,wasn't Brexit supposed to get rid of EU beaurocracy and administration, companies have more red tape and paperwork than ever. Johnson claiming 20,000 new police officers when it was them that got rid of them in the first place, the whopper about numerous new 'hospitals being built', funniest thing i heard last week was Sajid Javid claiming the Tories 'believed' in the NHS lol. And then the NI price hike when he steadfastly said it wouldn't happen a year or two back.
    I try not to get involved in politics anymore, it drains me mentally, but how much more of this bullshit do we have to endure? After all this and more there is still a very good chance the Tories will be reelected with or without Johnson.
     
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  13. Aaron Baker

    Aaron Baker Impact Sub

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    I don't think they do. If you earn £27,500 you take home £22,350 so a notional tax of about 15%. The deduction for student loans is only £12 a year.

    Will that fact change your mind? Probably not.
     
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  14. Storck

    Storck Regular Starter

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    Student loan payment is 9% over the appropriate threshold. So from the extra £1000 that is stated in the example £90 would be correct.

    The 42% is very misleading as it is only on that £1000 and not the whole income

    On £27,500 on a phase 2 the payment would be £18.45 which is 9% of £205
     
    Aaron Baker, Offside and trevor like this.
  15. trevor

    trevor Squad Player
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    You are of course right, Blaming OAPs for the problems of the young is stupid and wrong, The problem with housing is caused by a government that refuses social house building and relying on the private sector who have an interest in the supply to keep prices up, Of course the elephant in the room is that we allow more people in the country each year while building fewer houses
     
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  16. Rogered Tart

    Rogered Tart Regular Starter
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    The NHS. Put a fork in it. It's done. Finished. Not fit for purpose whether it be your GP, your dentist, going to your local hospital etc. The whole thing is broken beyond repair. No amount of money thrown at it will solve the level of service you receive. The level of care my family and myself have received over the past 20 years has been nothing short of shambolic and talking to others I'm not an isolated case.
    From the NHS to the utilities, from the railways to the former publicly owned companies, to the billions spent on failed track and trace and bogus PPE contracts, this country is at breaking point. And yet some are more angered at railway workers fighting for a better salary to fight the spiralling costs of living.
    Welcome to the real United Kingdom in the 21st century.
     
  17. Faithful Bantam

    Faithful Bantam Squad Player

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    Agree. Our critical infrastructure is fundamentally broken, and our political parties are all equally culpable and inept.

    What I would say though, re. rail workers, is that the answer has to lie in combating rising costs rather than handing out inflation linked rises to public sector workers. The impact on the tax payer and the impact to private sector worked would create even bigger issues.
     
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  18. Rogered Tart

    Rogered Tart Regular Starter
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    Maybe, just maybe take the profits that are given to CEOs, shareholders and dividend recievers and give some of it back to the people who actually make the services run in the first place. Lets get off the media peddled crap about train drivers rolling about on the beds in fifty pound notes. Lets not compare one small example to the hundreds of thousands of everyday people fighting for a fair wage packet while the ones as top and parasite shareholders cream off stolen profits. I'm not into politics Tone, you know I hate the whole bloody system. But enough is enough, time for talk is over, it's about time the mass population stood up against the systematic rip off. What we see now with the cost of living crisis, while the rich get filthy rich off the back of it, is worse than the days of Thatchers poll tax days. If there is civil disobedience id be up for it.
     
  19. trevor

    trevor Squad Player
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    Nurses are been offered 3% on an average salary of around £33,000 a year, while workers on the average wage are rising 8.8% which is taking the average wage to around £31,000, Pensioners will now get 2.5% to take the pension to between £7000 and £9,250, It seems the government only believe in the triple lock to ensure the value of the pension remains when it suits them, We already have the lowest pensions in the modern world by all accounts and of course with these tax increases we will be taxed higher than any time in our history
     
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  20. Bronco

    Bronco Star Player
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    And the old age pension situation has been the same under all governments,.
    What would be interesting to see is what the % of our population we have lost who are over pensionable age due to Covid that the government don't now have to finance, that has to be in multi millions.
     
    Bantamsteve and trevor like this.
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