The government has shelved plans to levy additional taxes on working-age people to fund social care, following a backlash that saw it accused of intergenerational unfairness.
Yesterday various national news outlets reported Prime Minister Boris Johnson and Chancellor Rishi Sunak were close to agreeing a social care funding plan that would see National Insurance contributions (NICs) rise by at least one percentage point to raise billions to pay for social care. The plan faced an immediate backlash, with experts pointing out such a move could see the government accused of an "intergenerational raid" and that it would place another burden on working-age people at a time when jobs are insecure, inflation is rising, and wages are squeezed. The plans have now re...
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