[/quotepx6lvhf]Pidge said:rockofcashel said:Just on what Norfolk Enchants posted before being locked out on another thread.
Is he correct in saying that the Health Levy is increasing on all levels of income by 2.5% ?
If true, this means that the increase in HL will wipe out any effect in decrease in income tax, and hit lower taxpayers by a greater proportionate level then higher income earners[quotepx6lvhf]I propose to increase the Health Levy from 2 per cent to 2½ per cent on income exceeding 1,925 per week or just over 100,000 per year. This extra money will help fund services such as long-term care initiatives for the elderly. We need to act now to secure such funds and I believe it is only right that those best able to afford it make an increased contribution.I am also increasing the threshold for the payments of the health levy from 440 per week to 480 per week, or just under 25,000 per year. This means that all workers earning 480 or less per week will be exempt from the health levy.
This will raise 34 million in a full year.
mind you, when SF were suggesting increasing for those earning more than 100,000 we were thought of as the wreckers of civilisation