Birdwatch Note Rating
2024-04-17 11:32:15 UTC - HELPFUL
Rated by Participant: EECEA37C79C61EF649FE7B317E541ECDAF9ED42E41B267996652E31D4C9FFA16
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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