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 UK workers face £10BILLION in tax hikes to pay for £25bn boost for the NHS

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RR Phantom

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UK workers face £10BILLION in tax hikes to pay for £25bn boost for the NHS Vide
PostSubject: UK workers face £10BILLION in tax hikes to pay for £25bn boost for the NHS   UK workers face £10BILLION in tax hikes to pay for £25bn boost for the NHS Icon_minitimeMon Jun 18, 2018 6:28 pm
Theresa May warned that the NHS needs more than a 'sticking plaster' today as she unveiled a huge £25billion funding boost.

UK workers face £10BILLION in tax hikes to pay for £25bn boost for the NHS 4D5F214E00000578-5854957-image-a-63_1529328093508

The Prime Minister pointed to the care given to terrorism victims and her own experience of coping with diabetes as she vowed to turn on the spending taps over the next five years to improve services.

But Mrs May admitted that a claimed 'Brexit dividend' will not cover the whole sum and taxes will have to rise - with experts warning that working families could face stumping up an extra £10billion a year.

The Institute for Fiscal Studies (IFS) said the Treasury could be forced to make households pay up to £2,000 more by 2033.

The respected body said raising National Insurance by 1p for workers and employers could pull in £8billion.

Almost £2billion more could be brought in by freezing the thresholds for the personal income tax allowance at the basic and higher rates - potentially dragging thousands more people deeper into the tax system.

http://www.dailymail.co.uk/news/article-5854957/Black-hole-Theresa-Mays-NHS-funding-pledge.html
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