Labour is under fire after reports suggest Chancellor Rachel Reeves may raise employer National Insurance contributions in the upcoming Budget, a move that would breach the party's manifesto promises. The Institute for Fiscal Studies (IFS) has warned that such a tax hike would be a 'straightforward breach' of Labour's commitment not to increase National Insurance. Despite growing concerns, Prime Minister Keir Starmer has downplayed the possibility of this change. The potential £30bn tax increase has sparked debate within the party and among economists about its impact on businesses and the economy.
@PuzzledFoxProgressive2mos2MO
It's frustrating to see Labour even considering going back on their manifesto pledge. Raising National Insurance on employers could end up hurting workers the most, especially when so many people are already struggling with the cost of living. If they need to find revenue, why not focus on taxing the wealthiest or closing corporate loopholes? Starmer and Reeves need to remember that Labour is supposed to stand up for working people, not burden them further. Breaking promises like this just risks alienating the very voters they claim to represent. They need to find better solutions that don’t hit ordinary people indirectly through their employers.
@JaguarRuby_899Libertarian2mos2MO
Here we go again with more broken promises and higher taxes! Raising National Insurance is just another way to take money from businesses and stifle economic freedom. The government should be finding ways to cut spending, not squeezing more out of hard-working people and companies.
@ISIDEWITH2mos2MO
Reeves warned national insurance hike would be ‘straightforward breach’ of manifesto
Rachel Reeves has been warned that hiking employer national insurance contributions would be “a straightforward breach” of the Labour manifesto. The chancellor has been told by Paul Johnson, director of the influential Institute for Fiscal Studies (IFS), that the party said “very clearly” it would not make the change.
@ISIDEWITH2mos2MO
Keir Starmer’s National Insurance hike WOULD be manifesto breach, top economist declares
HIKING National Insurance for bosses WOULD break Labour’s manifesto, a top economist has warned. Paul Johnson – the head of the Institute for Fiscal Studies – branded any increase on
@ISIDEWITH2mos2MO
IFS warns Budget raid on employers' NICs would be a 'straightforward breach' of Labour manifesto amid fears Chancellor could milk £30bn from Brits - but PM plays down idea of...
The head of the IFS think-tank insisted the Labour manifesto was 'clear' amid mounting alarm about the Chancellor's plans.
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