Comments on Mark Wadsworth: The Laffer Rainbow: Employer's National Insurance

The Tories seem to have recognised the advantages ...

2009-11-03T12:26:06.289Z

The Tories seem to have recognised the advantages of cutting NI. Unfortunately, they only seem to want small scale reductions, limited in time, and they want to implement it via gimmicks that distort normal recruitment choices. What hope for them actually reducing the complexity of the tax+benefits system as a whole?

Total raised from NI is £104.6bn so I assume the o...

2009-11-03T11:07:51.753Z

Total raised from NI is £104.6bn so I assume the other 60 is from employees portion. A 5% increase in employment, if it increased personal NI & income tax by 5% would raise £10.75 bn making it marginally better than revenue neutral.

Of course we are using lots of unknown figures but it certainly looks like removing NI from those on minimum wages would produce lots of jobs & be significantly revenue positive - after that it could be extended.

Again, you're using facts and logic. That doesn't ...

2009-11-03T10:34:51.015Z

Again, you're using facts and logic. That doesn't fly in politicsworld.