The retirees back the Tories so expect the workers to see their taxes rise
Today reports emerged in several newspapers that the government is looking at increasing national insurance contributions to overhaul social care. I’m so old I remember when the Conservative Party I used to be a member of rightly described increases on national insurance as a tax on jobs, as this chart below shows. In my lifetime when the Conservatives start increasing taxes against the manifesto commitments or start messing around with taxation related to houses then they pay a huge electoral…