British Prime Minister, Boris Johnson has revealed a controversial tax rise to support the UK’s pandemic-hit National Health Service (NHS) and fund social care into the future.
He has openly admitted it breaks an election promise by his Conservative Party not to raise taxes. But Johnson said he believed voters would understand and that no party knew the pandemic was coming.
The announcement is wrapped up with a long-awaited new policy on social care, but it has not put an end to the argument about how that should be paid for.
The plan is two-fold, and will increase taxes for the majority of people living in the UK. This revenue will first go to the NHS, which has been hit hard by the pandemic. After three years, the money will be diverted to the social care system.
It will also move the burden of the cost from individuals to the government for the poorest, and individuals and the state will share the burden for those with more assets.