Let's vote them out next time up then and see if Labour can do the job.
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Most liked posts in thread: Social Care, NHS, National Insurance
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Rogered Tart Regular StarterP.L.22/23 Entrant P.L.23/24 Entrantbantamdave41 and trevor like this.
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Rogered Tart and trevor like this.
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Jayteebee and Tony Wilkinson like this.
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I'm not sure there is any other way around this situation with regards what we have borrowed during the pan demic and what still might need to be borrowed going forward.1975citygent likes this. -
Bronco likes this.
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I wonder what the reaction would be from the UK population if the government legislated (of that's possible) that a % of lottery money was spent on the NHS as we all benefit from it during one time our lives, if not your very lucky, I don't do the lottery but would certainly contribute if part went to the NHS.trevor likes this. -
If you took all the money that went to good causes from the lottery and put it into the NHS it would barely increase the budget by 1%.Bronco likes this. -
Tony Wilkinson Squad PlayerP.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 10Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Bronco likes this.
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Tony Wilkinson Squad PlayerP.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 10Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Offside likes this.
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vladimir likes this.
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The important aspect is that NI will in the near future be paid by those over 66 who are still working post the state retirement age.Bronco likes this. -
Park bantam Regular StarterP.L.22/23 EntrantStop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Bronco likes this.
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As for he alternatives.
- Aren't we still paying at least some that money to the EU as part of the divorce bill? Isn't it something like 2025 before that drops down? Even ignoring the fact that some of the savings will have been eaten up by furlough, testing, NHS capacity, etc, already.
- Fully agree but scrapping infrastructure programmes doesn't save the full amount (it generates tax from the activities as well as being paid by central funds) but I completely agree it should be scrapped in it's current format..
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Offcomedun Important PlayerQatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro2020 Winner Euro 2020 P.L. 20/21 3rd Place
You stop paying NI contributions when you retire from paid work because you are no longer contributing towards your pension. But you still pay income tax if your income is above the tax threshold.
For example, I am 65 and receive an occupational pension from West Yorkshire Pension Fund. As that is above the threshold I pay income tax, but don't pay NI contributions because I'm no longer contributing towards my state pension, which I'll start receiving when I'm 66. My income tax will go up up then because my income above the threshold will increase.
I assume it's the link between NI contributions and state pension/unemployment benefit entitlement that is the reason that NI Contributions are kept separate from other taxation and would be difficult to abolish.vladimir likes this.
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