National Insurance contributions going up Sunday
Discussion
I've been angry about this ever since it was announced. Even more irritating is that NI was supposed to be a "ring fenced" tax that went on the NHS and Unemployment Benefit.
Of course - its just tax now which goes into Greedy Gordo's pocket to be spent on Politically Correct shite I didn't want.
God I hate this bunch of wasters...
Of course - its just tax now which goes into Greedy Gordo's pocket to be spent on Politically Correct shite I didn't want.
God I hate this bunch of wasters...
F 
g politicians! I hate them, I hate all patries even though I occassionally feel that Tony Blair is trying his best..... to do I dont know but sometimes he does try hard.
Anyway, I hate politics but my opinion on this is that it sucks and is totally harsh! I bet they dont get taxed!
g politicians! I hate them, I hate all patries even though I occassionally feel that Tony Blair is trying his best..... to do I dont know but sometimes he does try hard. Anyway, I hate politics but my opinion on this is that it sucks and is totally harsh! I bet they dont get taxed!
Don said: I've been angry about this ever since it was announced. Even more irritating is that NI was supposed to be a "ring fenced" tax that went on the NHS and Unemployment Benefit.
Still is. Time this country had a bit of tax and spend to get basic public services up and running: £35 a month for a £40k salary. 1% increase for employers BFD. No way the current bunch are Marxists BTW. :reallybigwoodenspoonstirringgoodandproper:
>> Edited by mrsd on Friday 4th April 14:56
NI was always a complete misnomer. I can't think of any UK tax that is actually hypothecated. All the money goes into one big pot. It is income tax, pure and simple ... not only that, but it is regressive too.
Hard to say whether it would be better for the economy to massively simplify the tax system by scrapping NI, stamp duty, VAT, Inheritance, capital gains and shoving it all onto income tax. The total tax paid could remain the same, and the burden very similarly distributed across the population. But people would see exactly what they are paying. The system would be more transparent (which is thought to be a good thing), but it might well distinctly piss them off.
An aside:
One of my favourite bits of PC bullshit is the arguement that smokers don't deserve the same level of treatment from the NHS as the rest of us. The tax on cigarettes in the UK is greater than the cost of the NHS. If cigarettes were banned, other forms of tax would have to go up by more than the total cost of the NHS. So as a non-smoker, I say keep lighting them up!
Hard to say whether it would be better for the economy to massively simplify the tax system by scrapping NI, stamp duty, VAT, Inheritance, capital gains and shoving it all onto income tax. The total tax paid could remain the same, and the burden very similarly distributed across the population. But people would see exactly what they are paying. The system would be more transparent (which is thought to be a good thing), but it might well distinctly piss them off.
An aside:
One of my favourite bits of PC bullshit is the arguement that smokers don't deserve the same level of treatment from the NHS as the rest of us. The tax on cigarettes in the UK is greater than the cost of the NHS. If cigarettes were banned, other forms of tax would have to go up by more than the total cost of the NHS. So as a non-smoker, I say keep lighting them up!
An aside on your aside atg, their self inflicted maladies are still taking up NHS beds and resources-it's not true anyway-their contributions exceed the direct costs of their treatment, but not the total cost of the NHS. 9.5bn pa income as against 41.25bn expenditure.
NI is hypothecated BTW.
NI is hypothecated BTW.
Yep. That's where the above came from 2001-2002. Can someone who's got even less work to do than me wade through www.hm-treasury.gov.uk/ please. Ta 
>> Edited by mrsd on Friday 4th April 15:31
>> Edited by mrsd on Friday 4th April 15:31
Snap, and of course employers can't "afford" bigger rises this year because their NI contributions have gone up as well. Some are even claiming they will have to make redundacies purely to pay for this increase. I'll wait to see it happening as I'm sure it's just them trying to put preassure on the government but....
mrs fish said: Well the paltry amount of payrise I got this year is now going to be swallowed up with the extra NI
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