Submitted on Tuesday 29th November 2011
Published on Monday 19th December 2011
Current status: Closed
Closed: Wednesday 19th December 2012
Signatures: 5
Tagged with
Enable ~ income tax ~ Individuals ~ Tax
Rename National Insurance as Income Tax
'National Insurance' is a misnomer. It is another form of income tax on individuals. For businesses it is a direct cost per employee. There are no funds held by Government earmarked for paying out on insurance claims.
Maintaining the facade national insurance confuses the electorate and causes them to disengage from political debate. In an age of 'transparency' the Government should remove the label of national insurance and replace it with a better title and so enable a better understanding of taxation levels.
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