Sir Ed: We Need a Long-Term Plan for Pensioners

Sir Edward Leigh

Welcome though any tax cut is — letting people keep more of their own money — abolishing National Insurance completely will mean replacing it with higher tax.

This hurts pensioners in particular.

We need a more comprehensive long-term plan for pensioners.

With the retention of the triple lock and with fiscal drag, more and more pensioners are being dragged into paying tax.

The Labour party supports the cut in national insurance rather than in income tax, but what is their long-term plan?

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