Boris Johnson and Rishi Sunak have doubled down on a controversial hike to National Insurance, following reports the prime minister was having second thoughts about the policy
"It is progressive, in the sense that the burden falls most on those who can most afford it.
Mr Johnson and Mr Sunak said they are both"tax-cutting Conservatives" and said they"believe passionately that people are the best judges of how to spend their own money". "We want lighter, better, simpler regulation, especially in those new technologies in which the UK excels. We are also Thatcherites, in the sense that we believe in sound money. There is no magic money tree."In April, national insurance is due to rise by 1.25 percentage points for workers and employers.
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