Birdwatch Note Rating
2024-04-17 13:30:20 UTC - HELPFUL
Rated by Participant: 0653CE7F9A6C5CA13760DECC0FE46EAEEE8C088A5F0E9A2581F4347682177E98
Participant Details
Original Note:
Despite the NI cuts, millions will still pay more tax overall because of changes to the tax thresholds. The job of cutting inflation is for the Bank of England not the government. It was always inappropriate for the government to have a target/pledge to halve inflation. https://commonslibrary.parliament.uk/research-briefings/cbp-9687/#:~:text=Freezing%20tax%20thresholds%20increases%20people's,tax%20at%20a%20higher%20rate. https://commonslibrary.parliament.uk/economic-update-will-lower-inflation-lead-to-interest-rate-cuts/
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