Birdwatch Note Rating
2024-03-06 20:53:20 UTC - HELPFUL
Rated by Participant: 3D07C2718B67DA88824A466CDC31BDD2FF6C56A2F6675A5AF5831EC736FE7C77
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