First reaction to Johnson's NI rise 1/ It's a clear reversal for the Tory right - Sunak promised before the last election to cut NI... but as a move it's regressive, and attacks the incomes of working age families...
2/ The cap and floors for the wealth grab don't solve the problem: a semi in Newbury sells for 400k, the average house sale in Leigh is a terrace for 112k - so all caps that are not proportional are regressive...
3/ There's nothing in this that improves care quality, availability, or even the fragility of the private care industry...
4/ You can't hypothecate a tax rise without cross party support and Labour won't support it. They should scrap it at the next election and replace with CGT rise as in Corbyn's 2019 manifesto...
5/ One of the most worrying things in Johnson's speech was the inference that health and social care integration will open up the NHS to user-pays, wealth grabbing mechanisms...
6/ As to the politics - it's one thing for Labour to oppose NI hike, but they need to be specific about the kind of tax they would replace it with: politics is about clarity... let's have some...
7/ What we can celebrate though is the defeat of the Tory austerians... the tax cutting days are over: they are saddled with huge borrowing, huge debt, stagnant wages - so door is open to the radical social-democratic solution - redistributive taxes on wealth and income
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