Duncan Weldon

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Last quote by Duncan Weldon

Philip Hammond’s retreat on national insurance bodes ill for the role of the state as British people have known it since 1945Yesterday the chancellor abruptly U-turned on a planned rise in national insurance contributions (NICs) for the self-employed. The proposed change was a sensible move. It was a progressive rise in tax – no one earning under £16,000 would have been affected, and most of the money raised came from the top 20% of earners – and was a step in the right direction of responding to changing patterns of employment. The sudden reversal does leave the budget with a £2bn hole, but in the context of the public finances this is merely a rounding error. However, it raises bigger questions for our political system and our ability to raise taxes.feedback
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Mar 16 2017
We found 1 article in which Duncan Weldon said something. The most recent Duncan Weldon’s quote is: “Philip Hammond’s retreat on national insurance bodes ill for the role of the state as British people have known it since 1945Yesterday the chancellor abruptly U-turned on a planned rise in national insurance contributions (NICs) for the self-employed. The proposed change was a sensible move. It was a progressive rise in tax – no one earning under £16,000 would have been affected, and most of the money raised came from the top 20% of earners – and was a step in the right direction of responding to changing patterns of employment. The sudden reversal does leave the budget with a £2bn hole, but in the context of the public finances this is merely a rounding error. However, it raises bigger questions for our political system and our ability to raise taxes.”. In addition, all sources we refer have quoted Duncan Weldon 1 time. On this page, you will find all of Duncan Weldon’s quotes organized by date and topic.
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