I keep reading that the government is planning to increase National Insurance contributions “to fund social care reform”. I really don’t think that’s correct. I don’t doubt that the government is planning to increase NI contributions. And that it is also planning to improve social care. But I question the idea that the one can really be said to be paying for the other.
NI rise won’t pay for social care reforms
Posted on 2 August 2021 under Economics, Fair Value, Finance, Pensions, Politics