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James Cartlidge MP πŸ‡¬πŸ‡§ πŸ‡ΊπŸ‡¦

@jcartlidgemp ↗

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Last Checked Feb. 8, 2022

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Wed Sep 08 12:29:35 +0000 2021

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James Cartlidge MP πŸ‡¬πŸ‡§ πŸ‡ΊπŸ‡¦ @jcartlidgemp

For those who doubt this is progressive, the top 14% of earners will pay around half the revenues. It will also apply to investment income & the earned incomes of those over 65. — PolitiTweet.org

Posted Sept. 8, 2021

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James Cartlidge MP πŸ‡¬πŸ‡§ πŸ‡ΊπŸ‡¦ @jcartlidgemp

But which of the 3 big taxes? VAT is de facto regressive and income tax is not applied to business so individuals would be looking at 2.5% on income tax instead of the levy rate of 1.25% shared with employers. NICs is the credible, progressive option. — PolitiTweet.org

Posted Sept. 8, 2021

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James Cartlidge MP πŸ‡¬πŸ‡§ πŸ‡ΊπŸ‡¦ @jcartlidgemp

Doing so raises Β£12bn per year to fund the urgent task of bearing down on the elective backlog & finally means we can deliver the funding solution for social care that has eluded previous Governments of all colours. This is bold & decisive Government, yet fiscally fair. — PolitiTweet.org

Posted Sept. 8, 2021

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