Birdwatch Note Rating
2024-04-17 21:27:10 UTC - HELPFUL
Rated by Participant: 34E5E32139834AFFF9DCA5CF0390209161D8FA9409444FE8D5947C627F0FCE0A
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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