At the next election, the Conservatives’ NI tax hike on retirees has been dubbed “political suicide.”
BORIS JOHNSON has stunned the British public by raising National Insurance contributions by 1.25 percent and expanding the tax to retirees who earn money from work or shares. When readers were asked what they thought of the move, they described it as “a tremendous slap in the face.”
With a vote of 319 to 248, MPs approved the social care tax bill, officially breaking their manifesto promise not to raise taxes. “We will do all of this in a way that is proper, reasonable, and fair,” Mr Johnson said in the House of Commons on Wednesday.
Following the move, however, the Prime Minister has been chastised from all sides of the political spectrum.
Instead of raising the amount regular people had to give away each month, opposition leader Sir Keir Starmer advocated that the government should introduce a wealth tax.
“We need to ask those with the broadest shoulders to pay more,” Sir Keir stated, “and that includes asking considerably more of wealthy people.”
“Instead, the government is putting the major burden on working people and small companies struggling to make ends meet,” he said.
According to a study conducted by This website, retirees who voted for Mr Johnson in 2019 feel betrayed by his choice to maintain their tax contributions after most of them had paid them their entire lives.
In a poll of 13,739 respondents conducted from 5 p.m. on September 6 to 3 p.m. on September 9, a massive 87 percent of voters answered no to forcing pensioners to pay National Insurance to cover social care expenditures.
“I’m 74, and I paid my tax dues for the 50 years I worked full-time,” one Express reader said. Isn’t that sufficient?”
“This is truly a no-brainer,” said another. Expecting the elderly to pay in retirement after they have already paid their contributions is a massive slap in the face. It’s almost as if the Conservatives have made a suicide pact with these folks, because they will never vote for them again. When their already poor pensions are being stolen by the government, how could they?”
However, some have contended that this tax is a direct effect of Covid, which everyone generating an income must pay equally.
The rise in National Insurance tax, on the other hand, is only due. “Brinkwire News in Condensed Form.”