UK PM angers citizens after breaking tax promise



Passing by a vote of 319 votes to 248, the result of an MP snap vote allows the Prime Minister to levy a new 1.25% tax on working class in the UK and their employers, in addition to adding an extra 1.25% to dividend tax.
Working-class citizens angered
The decision has no doubt angered some of the UK's hardest-working citizens in addition to the Labour Party officials.
Johnson’s government says the revenues will also work to overhaul the country’s struggling social care system; however, many believe the tax hike was just a strategy of his government to paying for mistakes in his disastrous handling of the COVID-19 pandemic.
Manifesto plegde broken
The new 1.25 percentage point increase in National Insurance contributions - which breaks a manifesto pledge to not raise taxes - is expected to raise £36 billion for the health and social care system.
However, while Johnson said the plan is designed to “fix” the problems in social care, Bloomberg reports that just 5.4 billion pounds ($7.4 billion) of 36 billion pounds raised over the next three years will go to that purpose.
Currently, workers pay 12% National Insurance on earnings between £9,564 and £50,268. However, anything earned above this amount attracts a rate of just 2%.
More taxes for the working-class
During questioning on Wednesday, September 8, 2021, Labour leader Sir Keir R. Starmer said the planned tax rises would be ‘hammering’ working-class people.
“Who's going to pay for the cost of this failure? Working people... a care worker earning the minimum wage doesn't get a pay rise under this plan, but does get a tax rise. In what world is that fair?" he questions.
In addition to breaking promises and further taxing the people of the UK, the Johnson Government is currently executing a CoI on corruption allegations in the VI; however, it remains unclear the full cost of the inquiry being paid for by UK taxpayers.


10 Responses to “UK PM angers citizens after breaking tax promise”
Why don’t you stop this charade, we belonged need the truth.
You people crazy where you was when the former r****t governor was bashing the bvi ?
Moreover, a government budget is an estimate of revenue receipts and expenditures in a fiscal year. Some years governments end up with a surplus; others, deficits. The coronavirus (Covid-19) pandemic, a costly unplanned event, has stressed and strained the budgets of most countries. Most countries didn’t have the reserves to meet the urgent, unplanned and needed additional spending, resulting in deficit spending. Consequently, in order to meet other needs, have had to procure other revenues, ie, borrowing, increasing taxes, fees….etc.
[Let’s lead as eagles, not careen off the cliff as buffaloes]
Talking about taxes, does anyone know what the BVI a)debt to GDP is and b)tax to GDP ratio. Getting timely and complete info from the statistics office can be a heavy lift.