Sunak pledges to scrap National Insurance entirely

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  • Опубліковано 6 бер 2024
  • Yesterday they cut national insurance by another two pence. Today, the Prime Minister and his Chancellor want to scrap it altogether. How they would pay for it isn't clear.
    (Subscribe: bit.ly/C4_News_Subscribe)
    Labour says the pledge is "more reckless than Liz Truss".
    Meanwhile, after studying the Budget, the Institute for Fiscal Studies says most people will be worse off at the end of this parliament than at the start.
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КОМЕНТАРІ • 919

  • @camoTiaras
    @camoTiaras 2 місяці тому +407

    Sunak is a con man, let's not get conned.

    • @user-qm8cm1dn2v
      @user-qm8cm1dn2v 2 місяці тому +3

      ... Our hearts brimming with compassion
      "The Ancient Vow Is Calling
      We hailed from the furthest reaches of the heavens
      Our hearts brimming with compassion
      Bearing others’ entrustment
      Shouldering others’ hopes
      We came to this world to await the Creator
      Who would remake the universe and save
      each realm’s lives, opening Heaven’s gates wide
      We came with this longing, though now buried
      Our purity and honesty fade as the world declines
      And we often give in to earthly temptations
      Modern thought strays dangerously far from the Divine
      The Great Way that saves now takes the world’s stage
      You have wished and hoped for this all these ages
      Find Dafa’s followers and no longer walk in darkness
      Listen, for your Kingdom is calling
      that you may take up the divine path
      August 21, 2016"
      Master Li Hongzhi (Hong Yin VI, from Falun Dafa teachings)

    • @olivere5497
      @olivere5497 2 місяці тому +8

      Who votes for him?

    • @MurphyOCP-001
      @MurphyOCP-001 2 місяці тому +3

      @@olivere5497The people of Richmond

    • @tokenspirit6140
      @tokenspirit6140 2 місяці тому +2

      LOL too late! sorry to say.

    • @olivere5497
      @olivere5497 2 місяці тому

      @@MurphyOCP-001 add their name to the list.

  • @ypp0p
    @ypp0p 2 місяці тому +330

    Can he please pledge to scrap his political career entirely

    • @MrWolfPants
      @MrWolfPants 2 місяці тому +5

      Lol dont think he has a chioce in that. he'll be missmanaging some shitty tech company before the year is over

    • @stevec6427
      @stevec6427 2 місяці тому +4

      He's doing that the day he calls an election

    • @AdvocateOfJamaica
      @AdvocateOfJamaica 2 місяці тому +1

      😂😂😂

    • @ljd8520
      @ljd8520 2 місяці тому +2

      Personally I don't give a damm about National Insurance. If you don't stop immigration and start 1000 deportations a week, you will all pay the price.

    • @GingerMole
      @GingerMole 2 місяці тому

      @@MrWolfPantsonly an idiot would let him run anything after this

  • @boogaloo4640
    @boogaloo4640 2 місяці тому +430

    Say "goodbye" to the NHS :( This is what the Tories have been trying to do since its inception. We need to vote them out like our lives depend on it. Because our lives actually depend on it

    • @penghunter4565
      @penghunter4565 2 місяці тому

      Hope so, it's an absolute scam. If you want something done right ensure the government has nothing to do with it.

    • @jonathanwilson8951
      @jonathanwilson8951 2 місяці тому +31

      New labour did plenty to privatise the NHS. Those ridiculous PFI deals being a good example of it. They are two sides of the same coin. We need to stop playing red vs blue

    • @mcfcguvnors
      @mcfcguvnors 2 місяці тому +16

      Phase 1 - move all NHS scrips to pay at the chemist
      phase 2 - make the NHS unworkable - tick
      phase 3 - Roll out Universal Health care TAKEN DIRECT from YOUR BANK every month regardless of whether you have funds

    • @LayDurafe
      @LayDurafe 2 місяці тому +11

      Do you actually think NHS is efficient?
      Yes it’s free, but if you get injured today, unless you are literally have a hand cut off, do you think A&E will see you in less than 6 hours?
      Do you think a GP will give you an appointment in less than a week?
      Govt run organisations will forever be weak and poor service because they CAN. The taxpayer will be made to incur the cost of things if it all goes sideways, so govt have NO incentive to actually change for good.
      Privatisation is the way forward for everything. Rishi and the complete Tory party are a complete joke and so are Labour. UK needs a Donald Trump and Modi equivalent.

    • @commonconservative3724
      @commonconservative3724 2 місяці тому +4

      ​@@LayDurafefacts

  • @JamesNoms
    @JamesNoms 2 місяці тому +105

    Scrapping national insurance is a stepping stone to privatised healthcare, make no mistake.

    • @alexgiles1561
      @alexgiles1561 2 місяці тому

      Definitely

    • @jocee2257
      @jocee2257 2 місяці тому

      Exactly what we need, before the NHS completely colapses.

    • @andljoy
      @andljoy 2 місяці тому +1

      Good, if its private then it has to work and not just waste billions. Not saying it should be like the US where you get charged insane rates for everything, but the system does not work.

    • @MrRdt1970
      @MrRdt1970 2 місяці тому

      Yep let’s privatise nhs everyone pays a insurance at gov controlled discounted rate not what the medical insurers say so everyone can have it

    • @quisbyblackguard8123
      @quisbyblackguard8123 2 місяці тому

      @@MrRdt1970 More likely a gov controlled inflated rate once they all have shares in it all.

  • @TheHandsomeman
    @TheHandsomeman 2 місяці тому +152

    You know why, because they want to privatise the NHS.

    • @ecnalms851
      @ecnalms851 2 місяці тому +1

      NI is not a hypothecated tax source anymore, it is just a general tax. Getting rid of NI and instead raising income tax to replace NI is much more logical policy from the Tories. It will also mean that older people who still working after they reach state pension age will not be able to skip out on paying NI anymore which is good, and instead likely just pay a higher income tax rate. This is good for anyone reason in that they are the richest demographic in society, and can afford to pay more.

    • @marcinjacinski3583
      @marcinjacinski3583 2 місяці тому +2

      Like water supply

    • @hieroglyph321
      @hieroglyph321 2 місяці тому

      Glad everyone's getting it..

    • @peteradaniel
      @peteradaniel 2 місяці тому +3

      @@ecnalms851they’re not gonna raise income tax. When has that ever happened and they won’t raise it on high earners either. There needs to be a higher tax bracket and no, it doesn’t chase money out of the country. Where will they go? Bermuda? Singapore? They still have to live here.

    • @Jonpoo1
      @Jonpoo1 2 місяці тому

      Exactly. It doesn’t work like that anymore but that’ll be the line. They’re getting rid of it because they know public healthcare and pensions just won’t be sustainable for much longer.

  • @kubhlaikhan2015
    @kubhlaikhan2015 2 місяці тому +221

    Sunak has already declared pensions "a benefit" and now he wants to remove your moral right to everything else you paid for your whole life.

    • @stephenmurphy2212
      @stephenmurphy2212 2 місяці тому +11

      What planet are the Tories living on? Have the people of Britain not suffered enough? 🙄

    • @stevec6427
      @stevec6427 2 місяці тому +8

      That'll be a real vote winner, telling people the pension they've paid in to their whole life is gone and they'll have to work until death

    • @lonyo5377
      @lonyo5377 2 місяці тому +3

      It is a benefit... It's where a significant chunk of the budget called benefits goes...

    • @kubhlaikhan2015
      @kubhlaikhan2015 2 місяці тому +14

      @@lonyo5377 A pension is a RIGHT, paid for by a lifetime of National Insurance payments. An insurance payout is not a handout.

    • @kingwbm3721
      @kingwbm3721 2 місяці тому +6

      @stephenmurphy2212 Have you not seen the videos where he gloats about removing funding from poorer parts of the country to give to the rich?

  • @chrisviking7807
    @chrisviking7807 2 місяці тому +138

    The Tories always offer tax reductions before an election, always. This often gets them voted in and then they take it back tenfold later on, but never from those who can afford to pay.

    • @avsynx1
      @avsynx1 2 місяці тому +9

      So it’s the peoples fault for believing them over and over.

    • @nerevar8823
      @nerevar8823 2 місяці тому

      @@avsynx1 Always people's fault. They get manipulated by these idiots and vote for them.

    • @dirtydawg448
      @dirtydawg448 2 місяці тому

      Thatcher didn’t - in fact she did the opposite - but since then yeah your right - they have increased taxes just like the Labour Party always do - the biggest villain ever being Cyclops Brown who managed to sell our Gold reserves at the bottom of the market and taxed all dividends at a basic rates for everyone including people who would otherwise not be liable to tax - that had a terrible effect on people’s pensions but like everything else it gets forgotten after a while - they are all lying scum bags nowadays

  • @krystalhafesji
    @krystalhafesji 2 місяці тому +196

    Bye bye NHS. Wtf is wrong with these people.

    • @knuckles543
      @knuckles543 2 місяці тому

      greed
      they want ot privatize a national icon that they have had 14 years to non-stop desecrate
      no one has done more damage to our insitutions than this tory generation

    • @ecnalms851
      @ecnalms851 2 місяці тому +2

      Ya know the NI is not just for the NHS, it has become just a general tax source. It is sold as a "hypothecated tax" but it hasn't been for a while.

    • @hecateswolf6007
      @hecateswolf6007 2 місяці тому +8

      Couldn't agree more. My countryman Aneurin Bevan who created the NHS said that the tories were 'lower than vermin'.

    • @wolfeflambe
      @wolfeflambe 2 місяці тому +8

      @@ecnalms851I hope Tory hq is paying you well with the amount of replies you’ve made.

    • @piotrwojdelko1150
      @piotrwojdelko1150 2 місяці тому +4

      I don't care NHS when as a pharmacist this is not for me and I can't use it .I would prefer to pay for my annual blood check or for cancer screening than asking for a grace.I want to prevent being sick .

  • @chrisburn7178
    @chrisburn7178 2 місяці тому +127

    Desperation in its most pure form. Give them another 4 years and you can say goodbye to the NHS, social care and anything else propping up this creaking society from completely falling in the sewer. Don't get conned by thinking the few extra quid in your pocket is worth it.

    • @GavinGas
      @GavinGas 2 місяці тому +1

      It is worth. Get the NHS scrapped

  • @TheLambchop29
    @TheLambchop29 2 місяці тому +88

    So what he’s saying is we are getting ready for privatisation

    • @ecnalms851
      @ecnalms851 2 місяці тому

      NI is not a hypothecated tax source anymore, it is just a general tax source used for many things, not just the NHS. So getting rid of NI and instead raising income tax rates to compensate it won't change anything or get rid of the NHS. It is actually quite a logical policy from Rishi which is quite satisfying. All this policy will do is simplify the tax system, and mean people past pension age who are still working will no longer skip out on paying a higher tax rate (they are the richest demographic in society and it is aging, they can afford to pay more).

    • @williamgould2855
      @williamgould2855 2 місяці тому

      looks that way

  • @jamesgeorge9467
    @jamesgeorge9467 2 місяці тому +36

    Sunak is the only thing that should be sacked!!!

  • @northernleigonare
    @northernleigonare 2 місяці тому +72

    Honestly as a "young" person in society, I can confidently say that we are fucked regardless of who we vote for. I hope I don't hang myself before I turn 40.

    • @briantitchener4829
      @briantitchener4829 2 місяці тому +5

      What a way to talk. Life is precious. Give your life to Christ. He is your eternal Hope. He is near. He can be found if you turn your heart to Him.

    •  2 місяці тому +4

      And this is who we're leaving the world to? Well if it aint fcuked now it certainly will be.

    • @tr4nce206
      @tr4nce206 2 місяці тому +13

      ​@@briantitchener4829 We all love a fictional tale don't we

    • @billyjolly4855
      @billyjolly4855 2 місяці тому

      Lets vote them out, or better yet storm the parliament. ​@@briantitchener4829

    • @colperry7690
      @colperry7690 2 місяці тому +2

      I hope you don't, that would be very sad. We may not wield the "power" of career politicians, but you can still make a difference. Just have the courage to be kind.

  • @DevonPixie1991
    @DevonPixie1991 2 місяці тому +37

    So in effect scrapping pensions, benefits, and the NHS

    • @williamgould2855
      @williamgould2855 2 місяці тому +2

      yes

    • @andljoy
      @andljoy 2 місяці тому

      Good. I am fed up with the government stealing my money to give to lazy people who wont work.

  • @pauldean8638
    @pauldean8638 2 місяці тому +93

    One thing is fact is our NI system is the main contributor to our pensions . No NI points then no pension , it’s that simple ! So basically he’s screwed up how many migrants is here and them not having enough NI contributions to have a pension. Let’s get rid of NI says the rich man who has no pension worry’s in his future. People should find what he’s doing is horrific , look at what he’s done which is nearly collapse the country . Russia isn’t a threat , it’s rishi !

    • @Deadlife111
      @Deadlife111 2 місяці тому

      You are deluded. NI and IT goes into the same pot

    • @kingwbm3721
      @kingwbm3721 2 місяці тому

      Russia was never a threat. The US just wants you to believe it is. These corrupt politicians are always the threat.

    • @sorinhodosan458
      @sorinhodosan458 2 місяці тому +1

      A self employed person pays class 2 (£3 pounds something a week) and class 4 national insurance contributions ( 9% over £9k or so ). Guess what? Only class 2 counts towards pension class 4 does not count towards anything!!!

    • @brummiali1998
      @brummiali1998 2 місяці тому

      You are 100% right. Cannot belive this vile.snake

    • @MrVibeless
      @MrVibeless 2 місяці тому

      And then at the end of the finacial year pays a further percentage on what they've earned for their NI contributions. Well at least I do. ​@@sorinhodosan458

  • @comet6184
    @comet6184 2 місяці тому +83

    And he wasn't even voted in

    • @Maryhadalam
      @Maryhadalam 2 місяці тому +3

      It’s not just him . The whole system is infected.

    • @williamgould2855
      @williamgould2855 2 місяці тому

      the future ? for UK politics ?

    • @chrisj9700
      @chrisj9700 2 місяці тому +1

      He’s an elected MP, we don’t vote for the PM

  • @ripvanwinkle3509
    @ripvanwinkle3509 2 місяці тому +66

    Wow! Thankyou Mr Sunak. Whatever you have up your sleeve has, just HAS to be of real benefit to us plebs. There's no way, ABSOLUTELY no way this will be an underhand scam which leaves we serfs worse off. I won't have that said.

    • @camoTiaras
      @camoTiaras 2 місяці тому +9

      Sarcasm, at its most sincere... 👍👋

  • @janweir4956
    @janweir4956 2 місяці тому +19

    I haven't heard anyone say what will happen to the employers contribution, which makes national insurance different to other forms of tax. No UK government can be allowed or should be allowed to jeopardise the future of the NHS.

  • @lewys9204
    @lewys9204 2 місяці тому +29

    Sunak talks about extremism but then pulls this stunt 😂

    • @ecnalms851
      @ecnalms851 2 місяці тому

      It's a logical and simple policy. NI would go and instead they would raise the income rates to make up for it so it would make the system simpler. Also means working pensioners would pay more tax which is more progressive (they are the richest demographic in society). Simplifying the tax system and make richest demographic pay more tax - sounds great to me.

    • @lewys9204
      @lewys9204 2 місяці тому

      @@ecnalms851 hmm sounds okay 👍 my wife and I pay £102+£95 per month to the national insurance ontop we also put aside £60pm for dentistry.. so all in were paying 257pm.. I read Americans pay an avg of 450pm and they earn alot more than us.
      What I'm saying is we're not far off paying for American private sector healthcare.

    • @Edleweiss
      @Edleweiss 2 місяці тому +1

      @@ecnalms851pensioners who work cannot afford not to, so why penalise them?

    • @ecnalms851
      @ecnalms851 2 місяці тому

      @@Edleweiss Not all working pensioners are poor. They are the richest demographic at the end of the day. They also recently got a significant pension rise of 8% and 10% pension rise before that. Many of them also have free bus passes. Point is, they are the richest demographic, they shouldn’t be tax exempt. So pensioners are entitled to more gov support, especially poor pensioners, and are much more likely to be wealthier than someone who is poor and working.

  • @Vintaronica
    @Vintaronica 2 місяці тому +47

    Council tax is the one tax that isn’t fair. Get rid of that. Vat is a tax that isn’t fair, get rid of that, capital gains is a tax that isn’t fair..get rid of that, inheritance tax is a tax that isn’t fair..get rid of……do you see where I am going with this???😅

    • @initial_kd
      @initial_kd 2 місяці тому +5

      Council tax is stupid though, it's based on house value from 1991.

    • @JoH-jt5qj
      @JoH-jt5qj 2 місяці тому +4

      @@initial_kdit’s proportional though even now. We all need to pay for those local services. The rise in house values varies throughout the UK but if you can afford a bigger house you accept the larger running costs including council tax. I remember the poll tax. I had just given birth to my second child so was not working. Only one salary coming in. We lived in a very modest terrace house. My friends who had no children both working & living in a very large 4 bed detached house worth over 3x our house paid as much as we did. Their bills went down so much they had two very nice holidays with this extra money.. Meanwhile I had to get a pT ( evenings) supermarket checkout job to pay ours.

    • @jilllawton8556
      @jilllawton8556 2 місяці тому

      @@JoH-jt5qjat least you could earn more to get by. I’m 77 and still working. Something to look forward to 😄

    • @ecnalms851
      @ecnalms851 2 місяці тому +1

      @@initial_kd So what would you have instead? Council tax helps fund local councils for which they provide services like maintenance for roads, libraries, rubbish/recycling services, and also helps fund local policy/emergency services. So you would effectively be replacing council tax with another tax or taxes with different names. Council tax is also a progressive system.

    • @tatsncatsx
      @tatsncatsx 2 місяці тому

      No tax is fair when its being spent on housing illegals in luxury hotels etc.

  • @lynnehilditch6460
    @lynnehilditch6460 2 місяці тому +122

    And what happens to pension and nhs

    • @KingCharles3
      @KingCharles3 2 місяці тому +16

      it will be paid for by a higher income tax

    • @amandahunter4034
      @amandahunter4034 2 місяці тому +26

      @@KingCharles3 Except that the Tories are always reducing tax, especially for people with higher incomes and investments. So, that means less tax in the kitty for NHS and State Pension.

    • @mcfcguvnors
      @mcfcguvnors 2 місяці тому +7

      NHS goes in 2025 for universal health care ,you dont think they are scrapping NI for us do you ?

    • @perolagrande
      @perolagrande 2 місяці тому +3

      NI doesn't go into a special pot for the NHS and pensions. It's just another tax.

    • @DavidBaillie1986
      @DavidBaillie1986 2 місяці тому +5

      ​@@amandahunter4034always reducing tax? We've literally never paid more tax in the modern era than today

  • @palmtraveller2177
    @palmtraveller2177 2 місяці тому +22

    Sunak needs removing. Not from government,
    *from the world*

  • @drd6416
    @drd6416 2 місяці тому +17

    Stopping NI basically means an american system and they know this. They'll charge or tax to death anyway .

    • @ecnalms851
      @ecnalms851 2 місяці тому +1

      Don't worry, all that would happen is NI would be replaced with higher income tax rates so NHS will still survive, as well state pensions. It will make the tax system simpler and more progressive actually as working pensioners will pay more tax (they are the richest demographic, they can afford to pay more)

    • @brummiali1998
      @brummiali1998 2 місяці тому

      ​@@ecnalms851what does it mean for all.the inncocent pll on benfiets as their r the inncocent who r not well

    • @boogaloo4640
      @boogaloo4640 2 місяці тому +1

      @@ecnalms851 You actually trust the Tories to act in OUR interest? Really? Dear god

    • @ecnalms851
      @ecnalms851 2 місяці тому

      @@boogaloo4640 I was just responding to what the guy said. NHS isn't going anywhere don't worry. Tax revenue from NI doesn't even cover the NHS budget anyway. NHS is funded by not just NI but also everything else like VAT and income tax.

    • @MookMineola
      @MookMineola 9 днів тому

      Curiously Americans receive a minimum of $2400 monthly as pensioners ( £2200 ) . Called social security. If you claim later that amount goes up significantly. A heck of a lot more dosh than a UK pension.
      In scrapping NI contributions it will mean no one can feel‘entitled’ to a pension, but of course those out there who have been on benefits will continue to receive , while the rest of us lose our state pension but continue to pay for the benefits of those who won’t help themselves. All in all the typical British system

  • @loopwithers
    @loopwithers 2 місяці тому +28

    How odd. Traditionally, your NI number confirmed both your registered address and entitlement to work - plus your registration for payment of tax.

    •  2 місяці тому

      Tradition lol

    • @knuckles543
      @knuckles543 2 місяці тому +2

      something conservaitves should understand and venerate

    • @AI-Records24
      @AI-Records24 2 місяці тому

      Maybe so all those illegals can work?

    • @williamgould2855
      @williamgould2855 2 місяці тому

      more ? dirty ? tricks to come

    • @chrisj9700
      @chrisj9700 2 місяці тому

      It can change its name to social security number.

  • @masonldn8647
    @masonldn8647 2 місяці тому +22

    Anything to secure his job .f outta here

  • @KeithRingo
    @KeithRingo 2 місяці тому +4

    Thats the end of sick pay, state pensions and disability.

  • @californiadreamin8423
    @californiadreamin8423 2 місяці тому +10

    TORY CON TRICK.

  • @Mark-ip7oq
    @Mark-ip7oq 2 місяці тому +51

    No national insurance no NHS

    • @ecnalms851
      @ecnalms851 2 місяці тому

      They would replace NI with higher income tax rates. So it would mean a simpler tax system but working pensioners would also pay more tax so more progressive. NHS is staying as well as state pensions, don't worry.

    • @thwales2520
      @thwales2520 2 місяці тому +3

      NI never directly funded the NHS anyways

    • @sosig8332
      @sosig8332 2 місяці тому

      You really buy that? Lets see then, fools😂​@@ecnalms851

    • @kanedNunable
      @kanedNunable 2 місяці тому

      @@ecnalms851 why should we believe a tory simp?

    • @ecnalms851
      @ecnalms851 2 місяці тому

      @@kanedNunable They literally talked about it in the video. NI is like 20% of the government revenue sources - so if they just got rid of NI and nothing replaced it then the government would lose considerable tax rev.

  • @EdwardOberon
    @EdwardOberon 2 місяці тому +10

    Stop them now

  • @DenzX_NJ
    @DenzX_NJ 2 місяці тому +3

    In other words scrap the NHS, we can't let this man stay in power

  • @scottstevenson8849
    @scottstevenson8849 2 місяці тому +52

    It's not complicated though, it is what it is. All used to it now. How about Sunaks Mrs pays back some of the dodgy offsets she's had?

    •  2 місяці тому +3

      It's nit [sic] complicated though: Yes it is.
      Iit is what it is: Is a meaningless statement
      All used to it now: and we were all used to plagues during medieval times. Yay let's all live in your world.

    • @scottstevenson8849
      @scottstevenson8849 2 місяці тому

      You have just gone through everyone's comments commenting nonsensical bullshit to each one.......it's cool because I member my first beer too. Have a nice evening.

    • @abigailweir7287
      @abigailweir7287 2 місяці тому +2

      ​@scottstevenson8849 How about you expand your original comment as they are replying to you. Or do you not know what you meant?

    • @scottstevenson8849
      @scottstevenson8849 2 місяці тому

      @abigailweir7287 pretty self explanatory. Google the stuff about his wife. Not rocket science.

    • @ecnalms851
      @ecnalms851 2 місяці тому

      It is unnecessarily complicated. Replacing NI with higher income tax rates it much more logical and would mean working pensioners will pay more tax which is more progressive seeing they are the richest demographic in society. This is a good policy.

  • @TransdermalCelebrate
    @TransdermalCelebrate 2 місяці тому +7

    This just sounds primarily like another step towards privatisation and a similar dynamic used across the pond.

  • @chrisardern4594
    @chrisardern4594 2 місяці тому +7

    First step to the NHS going down the pan the insurance company's will make billions out of this and you guessed it the losers are you.

  • @DissociatedWomenIncorporated
    @DissociatedWomenIncorporated 2 місяці тому +9

    Rishi sabotaging the working class again.

    • @ecnalms851
      @ecnalms851 2 місяці тому

      Actually this policy is good for working class - makes tax system simpler as NI going away would mean that they would raise the income rates to make up for it so it would make the system simpler. Also means working pensioners would pay more tax which is more progressive (they are the richest demographic in society). So actually, this policy would make the tax system simpler and more progressive so it's a good and logical policy actually.

    • @DissociatedWomenIncorporated
      @DissociatedWomenIncorporated 2 місяці тому

      @@ecnalms851 I remain sceptical, the working class are never who Rishi’s working for. Look how he’s gutting the NHS.

    • @SaxJockey
      @SaxJockey 2 місяці тому

      ​@@ecnalms851It could also mean that low income pensioners (state pension plus small private pension) will have to pay more tax on a small private pension (anything above the measely 'frozen' personal allowance). Effectively paying NICs (higher income tax), despite the fact they may have already paid their fair share of NICs for 50 years.

    • @ecnalms851
      @ecnalms851 Місяць тому

      @@SaxJockey Yeah pensioners will likely have to pay more tax but this demographic is the wealthiest demographic in society and we are also an aging society so tax burden for everyone will increase. Not to mention that pensions have benefitted a lot from the triple lock - they are getting an 8.5% pension rise this year after getting a 10% pension rise the year before that and these pensions rise cost billions in the context of already significantly stretched public finances and in the context of workers still suffering from over a decade of wage stagnation and decreased living standards. Pension demographic also gets other state support like free bus pass, or if over 75 free tv license. So, I think it is actually fairer for pensioners to pay more tax.

  • @matthaious
    @matthaious 2 місяці тому +5

    That little smirk when he realises the interview is over and he's gotten away with the bullshit he's just spewed

  • @dudechillgaming3324
    @dudechillgaming3324 2 місяці тому +23

    get him out

  • @susanrogers4863
    @susanrogers4863 2 місяці тому +6

    It’s only complicated if you’ve got a lazy thick government. If NI is abolished hello 10s of 1000s of pounds medical bills and no state pensions.

    • @ecnalms851
      @ecnalms851 2 місяці тому

      What would happen is that NI would go and instead they would raise the income rates to make up for it so it would make the system simpler. Also means working pensioners would pay more tax which is more progressive (they are the richest demographic in society). So actually, this is a pretty logical policy. Also, NI is not a hypothecated tax anymore - it just has a general tax source for the government spent on many stuff like education, etc...

  • @Zkkr429
    @Zkkr429 2 місяці тому +11

    So how is this not more fucking stark raving bonkers than Liz Truss??

    • @ecnalms851
      @ecnalms851 2 місяці тому

      Because they would raise the income tax rates to make up the shortfall for getting rid of NI. Makes the system simpler and also means working pensioners would pay more tax which is more progressive (they are the richest demographic in society)

    • @Zkkr429
      @Zkkr429 2 місяці тому +1

      @@ecnalms851 Strange, didn’t actually hear him say that.

    • @ecnalms851
      @ecnalms851 2 місяці тому

      @@Zkkr429 NI is worth 20% of the UK gov's tax source and estimated to bring in £170 billion between 2023-2024. So yeah. they would replace it by raising other taxes, mainly income tax. They mention it in the video how they would make up the shortfall.

    • @Zkkr429
      @Zkkr429 2 місяці тому

      @@ecnalms851 is that policy?

    • @ecnalms851
      @ecnalms851 2 місяці тому

      @@Zkkr429 it would be yeah as they would need to make up the shortfall

  • @chrisgregory3063
    @chrisgregory3063 2 місяці тому +11

    Good bye state pension.

    • @ecnalms851
      @ecnalms851 2 місяці тому

      Watch the video, Chris. All would happen is income rates rise to replace NI, making it a simpler system. Also mean working pensioners would pay more tax which is more progressive too. Therefore, this is actually a logical and fair policy.

    • @chrisgregory3063
      @chrisgregory3063 2 місяці тому

      @@ecnalms851 income rates rise to replace ni?
      No
      What happens is that companies won’t have to make national insurance contributions anymore there’s no legal obligation to raise wages in proportion to the money the corporations save!
      Less money in the pot will result in less money to go around. But corporations will save millions! So good! another win for them!!

    • @stuartregan1627
      @stuartregan1627 2 місяці тому

      100% they want to break the link

  • @Chris-jy3dm
    @Chris-jy3dm 2 місяці тому +8

    How will the NHS survive

    • @connoryhhhfgbvlk
      @connoryhhhfgbvlk 2 місяці тому +4

      It won't. nhs dentists are being finished off firstly.

    • @ecnalms851
      @ecnalms851 2 місяці тому

      Don't worry, all that would happen is NI would be replaced with higher income tax rates so NHS will still survive, as well state pensions. It will make the tax system simpler and more progressive actually as working pensioners will pay more tax (they are the richest demographic, they can afford to pay more)

  • @davidadams5116
    @davidadams5116 2 місяці тому +5

    If he does this you might think great. But beware, NI funds your pension. No NI, no pension when you reach retirement age. Does he think we are stupid

    • @ecnalms851
      @ecnalms851 2 місяці тому

      NI is not a hypothecated tax - it is just another general tax source that the government uses to spend for many things not just NHS/pensions but also education, transport, military, etc.. All that would happen with getting rid of NI would that they would raise income rates to make up for it so it would make the system simpler. Also means working pensioners would pay more tax which is more progressive (they are the richest demographic in society). So actually, this policy would make the tax system simpler and more progressive so it's a good and logical policy actually. ( nothing will happen to the NHS or pensions)

  • @PhillCurtis
    @PhillCurtis 2 місяці тому +8

    Would pensioners have to pay more into the system on the tories plans?
    National insurance helps fund retirement? And far more to help less advantaged people? It seems bonkers to mess with it?

    • @initial_kd
      @initial_kd 2 місяці тому

      Yes under proposals to instead have people pay more income tax and do away with NI, pensioners potentially would be paying more.

    • @ecnalms851
      @ecnalms851 2 місяці тому

      It's good plan - higher income tax rates if NI went which would mean a simpler tax system and more progressive as working pensioners will pay more tax. Pensioners can afford to pay more tax as they are the richest demographic in society, and we are also an aging society too so every bit of tax that is progressive helps.

  • @steveholmes381
    @steveholmes381 2 місяці тому +12

    Say goodbye NI, hello 'Health Tax' & 'Pension Tax'

  • @user-oj1fl9rc3p
    @user-oj1fl9rc3p 2 місяці тому +3

    Privatized NHS, no more retirement unless of course you're stinking rich. Enjoy old age everyone. I hear cat food is fit for human consumption

  • @LA-se4eb
    @LA-se4eb 2 місяці тому +7

    All they’ll do is increase income tax to offset the loses

  • @janeknight3597
    @janeknight3597 2 місяці тому +3

    But I need 35 years of full contributions to qualify for my state pension. I do not think the b….ds have thought this through. The contributory principle has been at the core of the British benefits system since 1603 in some form or other.

  • @unclefred3128
    @unclefred3128 2 місяці тому +6

    If this happens, I'm moving

    •  2 місяці тому

      Don't let the door...

    • @unclefred3128
      @unclefred3128 2 місяці тому +2

      I won't

    •  2 місяці тому

      @@unclefred3128 😀

    • @barnabywild2215
      @barnabywild2215 2 місяці тому

      It's not as easy as it used to be. We had the whole of the EU open to us. If you're getting on or don't have enough skills to enter a country that is short ... you ain't going anywhere short of a lottery win.

  • @AlAbbasi_2007
    @AlAbbasi_2007 2 місяці тому +20

    Put the house up for rent or sell it … I am leaving the UK!!!

    • @leweegiggles
      @leweegiggles 2 місяці тому +4

      Good.

    • @GavinGas
      @GavinGas 2 місяці тому

      Where you going?

    • @AlAbbasi_2007
      @AlAbbasi_2007 2 місяці тому

      @@GavinGas
      I am a loser and losers never tell.

    • @GavinGas
      @GavinGas 2 місяці тому

      @@AlAbbasi_2007 lol. You're not a loser

  • @mjg8134
    @mjg8134 2 місяці тому +32

    Caste system coming in soon

    • @camoTiaras
      @camoTiaras 2 місяці тому +1

      We have had one since forever, we call it class.

    • @kanedNunable
      @kanedNunable 2 місяці тому

      caste is the hindu class system, which we have already

  • @James-wg6nd
    @James-wg6nd 2 місяці тому +3

    Then it's good bye NHS and hello Private health insurance ?

  • @chrisdavidson911
    @chrisdavidson911 2 місяці тому +4

    "... all goes in to the same pot" - isn't National Insurance supposed to be kept seperate?

    • @EdwardOberon
      @EdwardOberon 2 місяці тому +5

      It is... They are lying, again..

    • @ecnalms851
      @ecnalms851 2 місяці тому

      ​@@EdwardOberon No they aren't. NI isn't a hypothecated tax anymore - it is just a general tax source used to pay for many things like education, military, etc... NHS and pensions is paid for not just NI but other tax sources mainly income tax and VAT. All that would happen with NI going is that they would raise the income rates to make up for it so it would make the system simpler. Also means working pensioners would pay more tax which is more progressive (they are the richest demographic in society). So actually, this policy would make the tax system simpler and more progressive so it's a good and logical policy actually. So: NHS remains, state pension remains, tax system simpler and more progressive. So, overall: this policy is a good thing.

  • @ubaldobezoari8652
    @ubaldobezoari8652 2 місяці тому +4

    So does that mean no more state pension? no more unemployment benefits? no more NHS?
    Doesn't NI fund those 3 things?

    • @mikefish8226
      @mikefish8226 2 місяці тому +2

      Nope, NI is just a tax like VAT, Income Tax, CGT. There's no pot it's saved in. The only relation between NI and pension is you need to pay a certain amount to have a qualifying year towards your 35 years to get a full pension.

    • @ubaldobezoari8652
      @ubaldobezoari8652 2 місяці тому

      @@mikefish8226 thanks for this. But if ni is scrapped, they will need to recover what they were getting from NI in another tax,levy,fee. whatever.?

    • @mikefish8226
      @mikefish8226 2 місяці тому +1

      @@ubaldobezoari8652 Yes, one would assume income tax would go up and employers NI would be replaced by a payroll tax. The current system is a mess and getting rid of scam taxes like NI would be a good start.

    • @korolev-musictodriveby6583
      @korolev-musictodriveby6583 2 місяці тому

      @@mikefish8226- It's replacement will be more than you can afford...

    • @mikefish8226
      @mikefish8226 2 місяці тому

      @@korolev-musictodriveby6583 That I can afford? One would assume there'll be winners and losers. Remember though, NI kicks in at a lower salary than income tax and then drops at higher salaries. As a higher earner I'd assume I'd be worse off but one would assume the average pleb on the street would probably gain.

  • @StratsRUs
    @StratsRUs 2 місяці тому +3

    " You Lucky People " Tommy Trinder
    " Well...not _Working Class_ " Rishi

  • @starmegafilms
    @starmegafilms 2 місяці тому +5

    Don’t start what you can’t finish prime minister. Period. Another David Cameron

  • @Clarky006
    @Clarky006 2 місяці тому +7

    It’s all a slight of hand. Take one card away from one hand while adding one to the other while you’re looking away.

  • @bogglesbiggins1101
    @bogglesbiggins1101 2 місяці тому +2

    When he says scrap it, he means add the value to your income tax to simplify it, not save you the cost each month

  • @JavaAndroid
    @JavaAndroid 2 місяці тому +6

    Can only be replaced with something else: NI revenue is MASSIVE, since Thatcher removed the sliding scale and max ceiling.

    • @lonyo5377
      @lonyo5377 2 місяці тому

      Employer NI. Employee NI drops to 2% at £50k.

  • @isabelrice4494
    @isabelrice4494 2 місяці тому +4

    Are they mental ?

  • @kellymckeever.6
    @kellymckeever.6 2 місяці тому +3

    Scrap the council tax , and, or scrap V.A.T instead,
    Or maybe the PM's wife should start paying her multi businesses taxes that she owes this country....just an idea 😂😂

  • @DeusShaggy
    @DeusShaggy 2 місяці тому +2

    Down with the Tories!

  • @jacobs3031
    @jacobs3031 2 місяці тому +1

    They aren't scrapping it out of genorisity that tells me they are scrapping state pension.

  • @stevecroft3973
    @stevecroft3973 2 місяці тому +11

    So we're have no pension ?

    • @SamHocking
      @SamHocking 2 місяці тому

      The 1% also want your pension pot money too and Rishi is all obliging to get them it!

    • @Luke-nz3rh
      @Luke-nz3rh 2 місяці тому +1

      NI does not go into some type of pension pot, it gets spent every year by the treasury. It would make no difference.

    • @SamHocking
      @SamHocking 2 місяці тому +1

      @@Luke-nz3rh NI funds are ring-fenced. The government can borrow out of its pot, to pay for projects that are not state benefit ones but it is paid back like a loan is my understanding. Sunak needs to separate it because NHS and pension will be full privatised and we switch to a US model of the very poor having essentially no state benefit or medical care so that money and transfer of wealth goes up to the elite rather than remains in a pot for the less fortunate.

    • @ecnalms851
      @ecnalms851 2 місяці тому

      ​@@SamHocking Dude... all that would happening with NI going is that they would raise the income rates to make up for it so it would make the system simpler. Also means working pensioners would pay more tax which is more progressive (they are the richest demographic in society). So actually, this policy would make the tax system simpler and more progressive so it's a good and logical policy actually. And like Luke said, NI is not a hypothecated tax - it is just another general tax source that the government uses to spend for many things not just NHS/pensions but also education, transport, military, etc..

    • @brummiali1998
      @brummiali1998 2 місяці тому

      Looks that way

  • @Ex-expat
    @Ex-expat 2 місяці тому +3

    From the poor to the rich....what a surprise....

  • @MuslimJusticeNetworkAlliance
    @MuslimJusticeNetworkAlliance 2 місяці тому +3

    Ah, another of those 'pledges'.

  • @anthonymiley188
    @anthonymiley188 2 місяці тому +4

    Depends on what replaces it. What do they cancel in they do get rid of it.
    As for the 8.5% pension increase, I have been informed that my rent is being increased by 7.8% a week and my Council tax by 2 pounds a week which effectively wipes out any pension increase.

  • @Gjjarv
    @Gjjarv 2 місяці тому +4

    More lies from the lier

  • @michaelmillar845
    @michaelmillar845 2 місяці тому +6

    There isn't two pots so it makes no odds

  • @adamjennings8335
    @adamjennings8335 2 місяці тому +1

    Get Little Sunak out.

  • @manseerkhanm4023
    @manseerkhanm4023 2 місяці тому +10

    Cow 🐄 needs more facilities

  • @MLP130266
    @MLP130266 2 місяці тому +16

    Say bye bye to your pensions if this happens!!!

    • @Luke-nz3rh
      @Luke-nz3rh 2 місяці тому +1

      NI does not go into any type of pension pot, it gets spent by the government every year. Makes no difference.

    • @ScouserLegend
      @ScouserLegend 2 місяці тому +2

      What pensions? the generation after you pays for your pension. You're currently funding the current generation of pensioners.

    • @MurphyOCP-001
      @MurphyOCP-001 2 місяці тому +2

      @@Luke-nz3rhNo but your state pension is based on the years spent paying National Insurance. If there is no NI, how do they judge your entitlement to a state pension?

    •  2 місяці тому

      More scaremongering

    • @knuckles543
      @knuckles543 2 місяці тому

      yes, you are

  • @GerryT.
    @GerryT. 2 місяці тому +5

    National Insurance contributions relate to how much if a State Pension a person receives, so how can it be done away with, there would need to be another method brought in, unless it became related to tax paid years

    • @initial_kd
      @initial_kd 2 місяці тому +1

      They want to replace NI tax with higher income tax which would possibly hit pensioners as one example. Like you say NI contribution payments are what enables a UK citizen entitlement to state pension among other benefits, so i don't know how they would replace that. They'd probably need to replace the whole welfare system in it's entirety. Obviously some benefits are means tested so i don't think those would change necessarily.

    • @GerryT.
      @GerryT. 2 місяці тому +2

      @@initial_kd Unfortunaty most people don't know much about tax, they explaining to how Sunak started people being worse off with his Personal Allowance freeze, and how Hunt carried it on. It made practically everyone worse off, it drags the lowest paid into paying tax and Nat.ins. it drags pensioners with small private pensions into paying tax.

    • @rrstows3522
      @rrstows3522 2 місяці тому +3

      Private and company pensions. That's what they want. No state pension at all . Working till you drop workhouses for the poorer

    • @stuartregan1627
      @stuartregan1627 2 місяці тому

      Bye bye state pension

    • @stuartregan1627
      @stuartregan1627 2 місяці тому

      @@rrstows3522 100% so obvious. Wake up people

  • @garyk1334
    @garyk1334 2 місяці тому +1

    Did he really say we pay tax twice ? Only Twice ? 😂😂😂 The comedy never ends

  • @neilfoster814
    @neilfoster814 2 місяці тому +2

    But people who are now in their early 60's will NEVER reach pension age because they raise it every year. For men, it's gone from 65 to where it is now at 71. And, if you pass away before being able to draw your pension, the government keeps YOUR working lifetime contributions because your family definitely don't get it.

    • @zuzannanowicka6348
      @zuzannanowicka6348 2 місяці тому

      My grandfather passed at the age of 72, my great-grandma at the age of 70, my other grandparents also around the age of 70 if so… Poor people do not live long…

  • @XORTION
    @XORTION 2 місяці тому +7

    I’d rather put my pension tax into the stock market than the traditional way. The oldies would have been better off now. But NHS not being free is the worst thing that could happen to the UK

    • @owenjohn1192
      @owenjohn1192 2 місяці тому +2

      The NHS isn't free, it's paid for through tax and national insurance!

    • @tabularasa7775
      @tabularasa7775 2 місяці тому

      ​@@owenjohn1192Nah , it's paid for through debt and borrowing , N.I and Tax just pays the repayments

    • @laurateaho-white9654
      @laurateaho-white9654 2 місяці тому

      ​@owenjohn1192 And it's a service that people are willing to contribute some of their tax dollars toward. Public healthcare is cheaper for the tax payer than private healthcare. But the conservatives don't want affordable, they want to line their pockets with profits.

  • @hanric2000
    @hanric2000 2 місяці тому +9

    Funny how COVID continues to be used as an excuse for everything in the uk - living outside the uk myself this is not pulled out of the hat constantly by our politicians. Perhaps Boris Yelsin - sorry Johnson - gave a little too many large gifts to his friends 😂😂😂

    • @onetone4561
      @onetone4561 2 місяці тому

      Maybe because workers in the uk were paid 80% of their salaries during the covid years

  • @petergates7939
    @petergates7939 2 місяці тому +1

    Yep doesnt want to pay out the pension instead he wants to give it to his WEF handlers

  • @faisalmahmood3420
    @faisalmahmood3420 2 місяці тому +4

    The prime minister got it wrong everyone likes pains national insurance number that's a record

  • @mrcolincox
    @mrcolincox 2 місяці тому +2

    Bribery at its best.

  • @jakemiller9547
    @jakemiller9547 2 місяці тому +1

    Direct tax is actually thrice Rooshi m8. The grotesque abomination that is Council Tax which was birthed by the even more nauseating poll tax your feudal icon Snatcher introduced.

  • @stepho9999
    @stepho9999 2 місяці тому +1

    Bullsh*t ...so income tax would go up ....plus VAT ....plus fuel tax ...plus council tax ....Give with one hand take away with the other ,And there is it is PRIVATE HEALTH CARE just like America.

  • @amirkarim2307
    @amirkarim2307 2 місяці тому +1

    Wtf he is lying, NI is ringfenced for certain public services

  • @symon3304
    @symon3304 2 місяці тому +1

    He probably will, god help us, but I guarantee Labour won't reinstate it if they get in.

  • @sidhussain915
    @sidhussain915 2 місяці тому +1

    Energy wholesale prices came down which resulted in inflation coming down and Jeremy Hunt and Sunak claim they have bought inflation down same goes with interest it was the Bank of England not them

  • @jainalhussain6101
    @jainalhussain6101 2 місяці тому +1

    This shushi Sunaks party have lost the plot

  • @user-gp9nb1nu8o
    @user-gp9nb1nu8o 2 місяці тому +2

    *starts buying plain tickets*

  • @linvisible7782
    @linvisible7782 2 місяці тому +1

    He’s a creep

  • @HXT_916
    @HXT_916 2 місяці тому +1

    Hands off the NHS.

  • @neilwelsh6882
    @neilwelsh6882 2 місяці тому +11

    Scrap national insurance and pay for your own health like in America that's the plan . Its obvious as for pensions you will work till your 70 if you're lucky. UTB

    • @knuckles543
      @knuckles543 2 місяці тому +2

      well then, i'm fucked
      got a heart problem since birth, inm the U.S that's a ''pre-existing condition'' that forbids me from buying insurance, so if i had an operation i would have ot pay wholly out of pocket
      heart ops in the U.S can exceed $200,000
      do you have that much spare cash? i know i don't!

  • @isabelprieto3263
    @isabelprieto3263 2 місяці тому +1

    Prime minister is mentally unwell..

  • @kosmiccharleyhowdoyoudo843
    @kosmiccharleyhowdoyoudo843 2 місяці тому +1

    I hope this is remembered by the media when the tories start complaining that pensions are unsustainable. Btw, whatever happened to Boris' social care scheme? Y'know, the one that had a penny added to NI a couple of years ago?

  • @akht5143
    @akht5143 2 місяці тому +1

    No national insurance bye bye to nhs sunak only interested in privatising nhs and making him and his mates money.already wifey made millions

  • @keifer7813
    @keifer7813 2 місяці тому

    Splitting tax into Income Tax and National insurance never made sense anyway.

  • @dirtydawg448
    @dirtydawg448 2 місяці тому +1

    He will never be able to do it unless he joins another political party and none of them will have him - and at least that woman has worked it out - it’s another tax on the elderly - the people who have already paid NI all of their working lives

  • @jilllawton8556
    @jilllawton8556 2 місяці тому +1

    So no pensions then as your pension is worked out on NI contributions. What will they call your NI number, that they need for everything

  • @hilaryjohnson2386
    @hilaryjohnson2386 2 місяці тому +1

    Shows what the Tories truly are.Abolishing national insurance will lose the government billions,which means that public services will be screwed.Totally and utterly mullered.

  • @davidlundrigan1435
    @davidlundrigan1435 2 місяці тому

    No NI No NHS. Its a big con

  • @2trichoptera
    @2trichoptera 2 місяці тому +1

    Scrapping state pensions - he really thinks a good thing? Income tax & NI are supposed to fund different things.
    We workers pay over half our income in tax, both direct and indirect - what are getting for it?

  • @YourLocalGP
    @YourLocalGP 2 місяці тому

    Stephen Hammond looks like his arms are not in the sleeves of his jacket. Now I can't unsee it.

  • @Alucard_FahrenheitTepes
    @Alucard_FahrenheitTepes 2 місяці тому +1

    He should abolish the BBC so no more tv license fees!

  • @user-tk7kz1fl2r
    @user-tk7kz1fl2r 2 місяці тому

    Council tax is wrong too. Everyone should pay the same amount.

  • @sabiahamid6224
    @sabiahamid6224 2 місяці тому +1

    desperate man, desperate measures. wasteman