Connect with us


David Ellesmere says setting up NI to fund social care is unfair




The British social care system is in crisis. For this, most people can agree.

In 2019, Boris Johnson said he had a plan to regulate social care once and for all and that it did not involve setting up National Insurance. We now know that none of those statements were true.

In addition to his broken promises, Boris Johnson plans to increase National Insurance is deeply unfair to people on lower incomes.

Many people think that NI is the same as income tax, but there are major differences.

The income at which people start paying NI is 3,000 lower than for income tax, so it gets a much larger share of the salaries of those with low incomes.

NI is not paid for certain types of income that, in general, only relatively wealthy people receive, such as stock dividends, interest, property income, and capital gains.

In Boris Johnson’s plans, a minimum wage care worker will now see their salary taken home to fund the person they care for, who may have a large home and have a generous pension, but will not pay any extra pennies.

A landlord who gets all their income from renting properties will not pay more, but young people who rent those properties will see their house rent go down making it less likely that they may ever be able to save to buy their own home in the future.

How can anyone in the Conservative Party consider this to be right?

It is not debatable that taxes should be increased to address social care, but there are much fairer ways to do so.

Raising the income tax would not hurt low-income people as much and would tax other income, such as rent. Capital gains and stock dividends can be taxed at the same level as earned income.

Instead of imposing a tax on jobs offered by firms struggling after Covid, wouldn’t it be better to tax the profits of businesses that aren’t?

Next week I will talk about an even worse problem with Boris Johnson’s plans: despite having accumulated billions of pounds in additional taxes, they will not regulate social care once and for all and may actually make things worse




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]