>>
>> Bottom line is they can do what they want if they make an appropriate law
>> for it. So why haven't they put at least a proportionate burden on their super-rich
>> friends? That is actually what is making me cross, along with the fact that that
>> it hasn't solved the problem.
>>
>> They clobbered the poorest in society after the banking crisis and they haven't changed their
>> spots.
>>
The NI increase applies to employers contributions too, so businesses are also carrying some of the burden. And dividend tax is also increasing by the same amount, so those with assets, including pensions, that pay in dividends also carry some of the burden. Maybe that should be higher… Dividends paid by FTSE 100 companies are around £80 billion a year I think. Total dividends will be higher, though by how much I don’t know. But I reckon that there could be £1.2 to £1.5 billion of tax take there?
|
Tax rise 
Tax rise 
