Submitted by Alana McSkimming on Monday 27th September 2021
Published on Wednesday 29th September 2021
Current status: Closed
Closed: Tuesday 29th March 2022
Signatures: 1,433
Do not reduce earnings threshold for student loan repayments!
Low earning graduates can not afford another tax to be added on top of all the additional tax burdens placed on them this year to pay back for covid.
NI has been increased this year. The tax-free income threshold has been frozen for the next 5 years, pulling more and more low earners into paying increased tax. Energy bills have skyrocketed, councils are looking into increasing council tax. There is a cost-of-living crisis, people can't get on the property ladder. Not enough children are being born to replace the population, if you want to increase reproductivity this is not the way to do it because now we are all poorer than we already were.
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