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Young people (without rich parents) will end up paying for a rise in national insurance to fund social care

Sandher, Jeevun (2021) Young people (without rich parents) will end up paying for a rise in national insurance to fund social care. British Politics and Policy at LSE (05 Aug 2021). Blog Entry.

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Abstract

The government is planning a national insurance rise to fund an overhaul of social care. This is the wrong way to do it, argues Jeevun Sandher. Increasing taxes on the hard-working young, rather than the wealthy old, will further penalise this less lucky half. It will particularly penalise young people without rich parents – the more income and wealth that older generations can gain today, the more some parents will have to pass on to their lucky children who did nothing to earn it.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2021 The Author
Divisions: LSE
Subjects: J Political Science > JN Political institutions (Europe) > JN101 Great Britain
H Social Sciences > HJ Public Finance
Date Deposited: 04 Oct 2021 13:15
Last Modified: 04 Oct 2021 13:15
URI: http://eprints.lse.ac.uk/id/eprint/112093

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