Labour Backbencher Tables 'Wealth Tax' Amendment to Social Care Vote
The amendment Burgon and 16 other left-wingers proposes is an undefined tax on "those with assets over £5 million" to pay for the promised scheme, claiming that the NI rise was "hitting working people".
I've put down an Amendment in Parliament on scrapping the Tory National Insurance hikes.— Richard Burgon MP (@RichardBurgon) September 8, 2021
And replacing it with a Wealth Tax on the super-rich - those with assets over £5m.
That's how we should fund much-needed investment in our social services - not by hitting working people.
"The chancellor of the exchequer must lay before the House of Commons an assessment of the impact of raising at least the same amount of revenue as would be raised by the tax... by introducing a wealth tax on individuals with assets totalling over £5,000,000", it reads, without specifying how such a tax should be collected.
Boris Johnson's tax rise means a landlord who owns and rents out dozens of properties won’t pay a penny more, but the tenants working in full-time jobs will.— Keir Starmer (@Keir_Starmer) September 7, 2021
They are hitting young and low-paid workers while leaving the wealthy untouched.
11 years of Tory unfairness continues.
Unfairness at heart of Johnson’s social care bodge up. No matter what it’s called increasing National Insurance is a tax rise with heaviest burden falling on working people & failure to level up dividend income tax rates with earned income continues to protect the wealthiest.— John McDonnell MP (@johnmcdonnellMP) September 7, 2021
• Government: “we will raise NHS staff pay by 3%— Claudia Webbe MP (@ClaudiaWebbe) September 7, 2021
• Truth: “Inflation is 2% & the government have just raised taxes on nurses by 1.25%”
The government have cut NHS staff pay
Labour’s official reaction to the NHS levy is worryingly amateur. In criticising the Tories for putting up taxes for the NHS, are we saying we wouldn’t? If we would, & we don’t like this levy, which other taxes would we put up? None has been named— Andrew Adonis (@Andrew_Adonis) September 8, 2021
The voters notice these things