Social care reform: Boris Johnson refuses to rule out more tax hikes in £36bn tax hike gamble

Social care reform: Boris Johnson refuses to rule out more tax hikes in £36bn tax hike gamble

BOJO’S BIGGEST GAMBLE What Boris Johnson’s tax hikes mean for your finances after he unveils biggest social care reforms in a generation

The Sun says: BORIS Johnson went for broke yesterday with a £36billion tax raid to save the Covid-ravaged NHS and end social care injustice.

Rolling the dice on his premiership, he tore up his 2019 manifesto to launch the biggest tax hike in a generation on wages and shareholder profits.

It sparked fears it may cost him votes but a Tory rebellion appeared to fizzle out.

The PM vowed to end the scourge of catastrophic care costs clobbering families and causing millions to fear financial ruin.

Under his reforms, he said social care would be capped at £86,000 and anyone with less than £100,000 would get help.

Yet MPs and experts said they were worried the NHS would snaffle the £12billion a year raised by tax rises, with social care left “playing second fiddle”.

Senior Tory MP Damian Green added: “It is absolutely essential that social care gets its fair slice of the cake.”

Mr Johnson said yesterday that the Covid-induced NHS crisis and state of social care left him no option but to put up taxes.


https://www.thesun.co.uk/news/16077915/boris-johnson-tax-hikes-social-care-overhaul/

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