Social care tax rise is austerity by another name – economist Q A
- Written by Alex de Ruyter, Professor of Economics and Director of the Centre for Brexit Studies, Birmingham City University
Boris Johnson has unveiled an additional 1.25% levy on national insurance paid by wage earners and employers, which will raise £14 billion a year to help pay for the NHS and reforms to social care. Coming on the back of rises to income tax and corporation tax that were announced in the budget in March, it is the latest example of the...