Birdwatch Note Rating
2024-04-17 11:35:55 UTC - HELPFUL
Rated by Participant: 29AF34E9EB9776E5719E3AD1D5AE6FBDE803ED5D39697357089EB842A2B334B1
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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