Birdwatch Note Rating
2024-01-07 10:56:09 UTC - HELPFUL
Rated by Participant: 2B11F0FA7A9FF4BE5404B3E3D88A729BAC3730D3E8D3A6ECE148316FD6CE4D26
Participant Details
Original Note:
The OBR forecast National Insurance contributions (NICs) to raise £172.3 billion in 2023-24. It is unclear how the government would be able to fund that without raising other taxes very sharply, massively increased borrowing or massive cuts to the public sector. https://obr.uk/forecasts-in-depth/tax-by-tax-spend-by-spend/national-insurance-contributions-nics/
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