September 23, 2021

Ukraine Breaking News

Ukraine Breaking News | The Latest News In Ukraine

Boris Johnson, of National Insurance, warned that an increase in the price of insurance could cause a significant backlash.

Many are skeptical of the idea of ​​increasing national insurance, even Phillip Hammond who was once the nation’s treasurer. Between 2016 and 2019, Hammond served as Chancellor to then Prime Minister Theresa May. His suggestion that the government could cut austerity measures was well known.

Hammond joined a group of high-ranking conservative politicians to oppose the increase in taxes on national insurance. These include former Prime Minister John Major and Iain Duncan Smith.

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According to Times Radio’s Mr. Hammond, “An increase in national insurance contributions requires young workers, who may never inherit property,” to subsidize older people who have acquired wealth during their lifetime and own property. This can’t be right.

“I believe that if the government increases national social security contributions and breaks its commitment to cover care for the elderly who have a home, it would cause a significant backlash. It would do significant damage to the government, the Conservative party.

READ MORE: The British have $ 50 million in change at home – what to do?

Published on Sun, 05/09/2021 15: 43.44 +0000

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