Birdwatch Note Rating
2024-03-06 21:25:55 UTC - HELPFUL
Rated by Participant: 1BEA0BD5E689D83DFA5C5FCA0C13E6E81BB5D2CF4B3CC771236892EFD8324005
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/
All Note Details