You admit there's a cap, but then claim there isn't. Nice. Ever hear of double think?
It's a nice little tax dodge rich people get away with, then point at just the higher income tax without mentioning the massively regressive NICs.
Scrap the cap, most people won't be affected, new nurses, win.
Tax for the rich has been too low for too long in the UK and it needs to be increased. Scrapping the NIC cap is an easy way, with it being confusing enough that they can make it sound like there's no tax increase at all.
Instead, they're targeting self-employed and business owners with tax hikes on dividends in another, confusing, utterly stupid, shoot yourself in the foot move. Because the thing you want to do when the economy is sluggish is make it more expensive to run a small business.
It's a nice little tax dodge rich people get away with, then point at just the higher income tax without mentioning the massively regressive NICs.
Scrap the cap, most people won't be affected, new nurses, win.
Tax for the rich has been too low for too long in the UK and it needs to be increased. Scrapping the NIC cap is an easy way, with it being confusing enough that they can make it sound like there's no tax increase at all.
Instead, they're targeting self-employed and business owners with tax hikes on dividends in another, confusing, utterly stupid, shoot yourself in the foot move. Because the thing you want to do when the economy is sluggish is make it more expensive to run a small business.