Not only is he critical of the Government's claim that cutting waste this year will endanger the recovery or threaten frontline services, but his view that the country must get wealth creation right echoes Conservative concerns at Labour's
planned national insurance rise.
Not exact matches
More top executives have backed Tory proposals to cancel a
planned rise in
National Insurance (NI) contributions.
Labour is claiming the support of another 31 economists, making a total of 108, for their
planned national insurance tax
rise next year.
The debate came as leaders from all three parties set out their stall to the Institute of Directors, with Labour and Liberal Democrats criticising the way in which the IoD had pushed for a reversal of the
planned rise in
national insurance contributions.
This morning Mr Osborne dramatically attempted to seize the policy initiative on debate day with a
plan to part - reverse a
rise in
National Insurance,
planned by the government for April 2011.
David Blanchflower, Dartmouth College The day started with a press conference where Slasher Osborne, as I call him, backed down somewhat from his mantra of cutting to suggest that he would reverse the
rise for poorer paid workers in
National Insurance Contributions
planned by Labour in 2011.
But this will have to be paid for, and so the Conservative
plans to scrap «Labour's tax on jobs», the
national insurance rise, will now be watered down.
Among his proposed
plans are: increasing
national insurance for the self - employed,
rising personal tax - free allowance, rates for businesses losing existing relief will be capped at # 50 a month, and having an extra # 2 billion for adult social care.