Tag Archives: earnings tax

Opinion: Lib Dems should get behind renaming of National Insurance

Tory MP Ben Gummer is today introducing a 10-minute rule bill “to make provision for National Insurance to be known as Earnings Tax”. It’s a very simple renaming proposal. But branding is important, not least in politics. The Chancellor is “said to be attracted to the idea”, so if Danny Alexander and Nick Clegg were to support it, the change could make it into the Budget.

It’s well known that National Insurance is an extra income tax in all but name. As far back as 1994, Lib Dem policy was “to abolish national insurance contributions and create an integrated tax …

Posted in Op-eds | Also tagged and | 31 Comments
Advert

Recent Comments

  • Jana
    “ Trump’s approval rating has never topped 50 percent.” Sorry but most opinion polls in January and February 2025 had Trump over 50% approval with a Yo...
  • Judy Abel
    @Tristan I am sorry but while privatisation may not automatically lead to poor water quality it certainly has in the UK. I’ve been to Italy and Denmark recent...
  • Tristan Ward
    @Judy Abel The suggestion that privatisation automatically leads to poor water quality is not supported by the facts. Most of continental Europe has poor ...
  • Judy Abel
    @John Indeed. At the very least we need to develop policies/guardrails on foreign investment in essential UK utilities to protect consumers and the viability of...
  • John Hann
    Foreign investment in the utilities like the water companies may mean that their interests do not correspond with UK consumers' interests. Foreign takeover o...