Birdwatch Archive

Birdwatch Note Rating

2024-03-06 20:53:20 UTC - HELPFUL

Rated by Participant: 3D07C2718B67DA88824A466CDC31BDD2FF6C56A2F6675A5AF5831EC736FE7C77
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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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Original Tweet

All Information

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