quasi quartengo, the business secretary, appeared to poke holes in the idea, saying: “This is what it says on the manifesto. I don’t see how we can increase National Insurance.”
Unusually, the increase would have been announced this week, but to the chaos at the heart of the government that has left both the prime minister and his chancellor in isolation.
ito was already widely attacked as unfair, because it would impose additional taxes on young and low-paid workers – while pensioners would be saved, as they do not pay national insurance.
Sankalp Foundation The think-tank denounced it as “a terrible way to raise the necessary funds” and senior politicians from both Tory and Labor echoed the criticism.
talking to sky News“Things have been very flexible in the last 18 months, we have gone through an unprecedented time”, Mr Quarteng paved the way for some tussle over the tax hike.
The long-delayed social care plan will come “by the autumn”, he said: “I don’t think we will put national insurance in that specific…”, before moving on.
also business secretary cast doubt on pledge to remove isolation rule for people with double vaccination which a. have close contacts covid The case, on 16 August, warned that it could not proceed.
The timetable was already attacked as an unnecessary delay, 5 weeks after all other COVID rules were lifted and blamed for the “pingdemic” of mass isolation of workers.
But, when asked whether it will “definitely go ahead”, Mr Quarteng said: “We always review the information a week in advance and then we make a decision,” – he added that he would put his “fingers on were crossing”.
A 1 percent increase in national insurance for both employers and employees – would increase £10bn per year and possibly lead to a new “health and social care levy”.
Initially, it will be used to cut the dreaded NHS waiting list for treatment, which is expected to increase from 5.3 million to 13 million.
This will be followed by a decades-old proposal to limit costs to £50,000 to limit the cost of care so that families do not sell their homes and close the growing gap in care treatment.
Without a specific tax hike for social care – and with huge spending cuts to come, in the autumn – Mr Sunak will have to further increase borrowing to deal with the crisis he has been opposing.