Birdwatch Note Rating
2024-03-06 22:32:55 UTC - HELPFUL
Rated by Participant: 2B11F0FA7A9FF4BE5404B3E3D88A729BAC3730D3E8D3A6ECE148316FD6CE4D26
Participant Details
Original Note:
National insurance has fallen by 2p, but tax thresholds are remaining frozen. Millions of people will be dragged into paying more tax as pay rises but the thresholds don't keep up. This is known as "fiscal drag" or a "stealth tax". https://news.sky.com/story/budget-latest-national-insurance-cut-2p-income-tax-mortgages-money-blog-sky-news-live-13040934 https://www.telegraph.co.uk/money/tax/how-much-tories-stealth-tax-raid-cost-you/
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