Tax and Fiscal Policy

NIC increase for social care a “smoke and mirrors policy”


In the Media

Christopher Snowdon writes a letter to the Editor of The Times

Professor Len Shackleton writes for Reaction

In an op-ed for Reaction, IEA Editorial & Research Fellow, Professor Len Shackleton, suggested the decision to hike National Insurance to fund social care may have support in Parliament and in the polls, but the policy is still doomed to fail.

Len argued: “After breaching the Conservative Party’s commitment not to raise national insurance, and bringing us the highest rate of taxation since the War, the government has stored up trouble for itself. If its credibility is not to be completely lost, the Johnson scheme needs to succeed in practice, not simply as a piece of political jiggery-pokery“.

Read the full article here.