Earlier in July, the government outlined plans to increase employers and employees National Insurance Contributions to fund social care. Responding to the news in the Daily Express, IEA Editorial & Research Fellow, Prof. Len Shackleton, said the plans would prove dangerous with the jobs market and economy already under pressure as the country exits the pandemic.

Len said it is “wrong to place the burden of this tax solely on the shoulders of younger workers, without extending NI to post-state pension age taxpayers to help pay“.

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