Birdwatch Note Rating
2024-09-27 10:09:06 UTC - HELPFUL
Rated by Participant: 09B7B062B64FEA0EF583D0299CECACE3B878DFB6862DE866ACB1C3D61C355EC0
Participant Details
Original Note:
It's misleading to state that mortgage rates in UK rose due to Truss. At that time interest rates rose sharply higher globally. National Ins raises £176bn pa much of which can be replaced by "fiscal drag". NI could also be abolished at zero cost by merging with income tax. https://www.statista.com/statistics/284314/united-kingdom-hmrc-tax-receipts-national-insurance-contributions/#:~:text=Tax%20receipts%20for%20National%20Insurance,pounds%20in%20the%20previous%20year.
All Note Details