Is Johnson's Tax Rise Hurting Young People? The National Insurance Rise Explained - TLDR News

The UK government announced a 1.25% National Insurance increase to address NHS funding backlogs and implement a new social care system. The tax aims to raise £36 billion over three years, initially funding the NHS before shifting to social care. The NHS backlog, exacerbated by COVID-19, requires significant funding, while the social care system faces challenges due to an aging population and insufficient carers. The tax has sparked mixed reactions, with criticisms of its generational unfairness and violation of the Conservative manifesto. Despite opposition, the government is likely to proceed due to public support and political strategy.

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