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UK PM Johnson to hike taxes to pay for social care

September 07, 2021 / 10:44 AM
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Sharjah24 – Reuters: Prime Minister Boris Johnson will address lawmakers on Tuesday on his plans to fix Britain's social care system though many in his own party are furious that he wants to pay for it by hiking taxes in a clear breach of his election pledges.
After the fiscal splurge on the COVID-19 pandemic, Johnson is now addressing Britain's creaking social care system, whose costs will soar as the population ages. 

For years, British leaders have been trying to find a way to pay for social care without endangering support by hiking taxes. In 2019, Johnson said he had a plan for social care.

Johnson wants to raise the National Insurance (NI) tax paid by around 25 million working people to subsidise care for pensioners, including wealthy retirees, according to British media.

Johnson will chair a cabinet meeting on Tuesday morning and then is expected to address parliament at around 1130 GMT. Johnson, his finance minister Rishi Sunak and health minister Sajid Javid will then hold a news conference.
September 07, 2021 / 10:44 AM

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