video UK · 5 September 2021

National Insurance Rise - Punishing the Poor? LBC NEWS with Philip Chryssikos

This video discusses the proposed National Insurance rise to fund social care, arguing it disproportionately burdens ordinary workers while the wealthiest, who saw significant gains during the pandemic, remain untaxed. It highlights how a wealth tax on billionaires could easily cover social care costs, contrasting this with the government's choice to tax working people.

By Gary Stevenson

Featuring Philip Chryssikos

Mentions Boris Johnson

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Arguments in this video

Easy to avoid Gary Stevenson · 03:01
“ordinary working people who are increasingly being squeezed by tax while the rich pay nothing they're understandably going to look for ways around this to pay l”
Taxes wealth like work Gary Stevenson · 01:22
“chosen instead of taxing the billionaires they're going to tax ordinary working people”
Income is not wealth Gary Stevenson · 02:13
“national insurance that is a tax which affects only working people it does not apply to billionaires who get their income from wealth”
Curbs extreme inequality Gary Stevenson · 02:44
Raised as a counter-argument to rebut. “this is other than making everybody poor except the billionaires”
Raises real revenue Gary Stevenson · 00:45
“the government apparently needs an extra 10 billion pounds a year to pay for social care”