Birdwatch Note Rating
2024-04-17 08:38:43 UTC - HELPFUL
Rated by Participant: 07D230ED4272B6107B5F76DB42B0A0EB36E9C227BADC35048192E3BE5FE2AA60
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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