Birdwatch Note Rating
2024-03-07 19:49:57 UTC - NOT_HELPFUL
Rated by Participant: 3431B6A7A492D93D8B66FCBB83E3E78211B4D1567E12326D03A0F0EC566701FE
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