Reposted by MoonwortmaxFBPE
Regressive National Insurance (NI).
UK employees pay 8% NI on incomes between £12,570 & £50,270.
2% above that.
Rich pay a lower proportion of income in NI.
Govt can charge higher rates in incomes above £100k, £150k, etc. Collect £bns.
No need for austerity. Tax the rich.
leftfootforward.org
Here’s how Rachel Reeves’ Spring Statement must offer hope
'The government needs to recalibrate policies'
