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Share your dilemmas and get honest opinions from other Mumsnetters.

Gutted about NI rise

999 replies

CarryOnNurse20 · 07/09/2021 10:46

I know we need it and we have so much money to pay off. But we have been scrimping and saving after a hard couple of years. Every penny is accounted for from pay day to pay day. I’m a nurse and my pay has been capped/below inflation my whole career. And now the NI rise means any savings etc we have made will now be gone. I’m gutted.

OP posts:
ZombieEthel · 07/09/2021 11:56

Please keep in mind that half of social care budget is spent on working age disabled people. It's not just about care for the elderly. Any one of us could become disabled, physically or through developing dementia, before we reach retirement age. I agree that NI is not the way to go about it, but social care reform is more than just about preventing elderly people from having to sell their homes.

GiantHaystacks2021 · 07/09/2021 11:56

It's dreadful.

I'll never understand why people vote Tory though.
Talk about the turkeys voting for Xmas.

vickibee · 07/09/2021 11:57

Couldn't agree more, perhaps they will raise the start threshold so lower earners are not so badly affected ? Also there is an upper threshold where the higher earners only pay 2 % . Is that going to be adjusted?

I have a disabled son and get 5 hours respite per week from out local council so I get it has to be paid for somehow. It is not just OAPs.

Realyorkshiretea · 07/09/2021 11:57

What @sst1234 said

Yanbu

user1497207191 · 07/09/2021 11:57

@LizzieSiddal

I do hope this will stop “normal” people voting Conservative. They always shaft these people.
Have you forgotten that the last 2 NIC increases were imposed by Blair/Brown, i.e. a Labour government?
vickibee · 07/09/2021 11:57

@GiantHaystacks2021

The grey vote, more likely to vote and a huge demographic

HesterShaw1 · 07/09/2021 11:58

I'm fully supportive of higher taxes - if they are fair. If people want a functioning NHS and social care system it needs to be paid for.

What sticks in my craw is that this is very cynical. The dependable Tory voters have been let off - again. And the lockdowns were primarily to protect them!

Why the fuck most people vote for this lot again and again and again is beyond me. I appreciate at the moment there is zero credible alternative.

AdmiralCain · 07/09/2021 11:58

What gets me is you pay 35 years of National insurance contributions - great, you have the maximum pension, so you leave school at 18 work. You're 53. Then for another 14 years you pay national insurance until you retire at 67 but those 14 years of contributions don't go to you - so that's a massive surplus the government are making.

I'm very privileged, i'll be working 35 years then retiring. I'm not going to give the government 14 years of contributions for nothing.

We have one of the absolutely poorest paying pensions in the world. I also understand part of your N.I payments go to the NHS but why don't the private car parking charges go to the NHS rather than private firms???

InpatientGardener · 07/09/2021 11:58

@rumblymumbly mine are on about 50k a year of private pensions at a guess. Probably more. They've saved hugely by not being able to go out and eat, holiday etc. They give absolutely no consideration to the younger generation which includes their own son, we are not high earners at all and live in an expensive part of the country. MIL once said she resents paying towards schools because she doesn't use them. No fucks given for her grandchildren and the potential quality of their education. We're alright Jack through and through, it makes my blood boil.

SmokeyDevil · 07/09/2021 12:01

I wouldn't feel so annoyed by it if I believed the money was actually going to go to social care. But standards won't improve, pay for carers won't increase, and the money will likely just go towards tory mps pensions and pay. Hmm

HesterShaw1 · 07/09/2021 12:02

People like my mother are sitting on about £400,000 of unearned equity on the large house she lives in, which they paid £65,000 for in 1987. She stopped paying NI on reaching retirement age. She benefits from the non contributory pension my dad was given after he retired (in his 50s), plus her own pensions, plus half of his. She's 75 years old and is still accumulating wealth (spends very little).

How the hell is this a fair system?

EL8888 · 07/09/2021 12:02

@InpatientGardener l wish not having enough holidays was all l had to worry about! It’s a different (and very privileged / blinkered!) world

MrsCat1 · 07/09/2021 12:03

Good point about social care budget not just being for the elderly. I'm more than happy to pay extra tax for a proper system. I would also like carers to be properly rewarded. My mum is currently self funded in a care home. She has the ability to pay and is rightly doing so. Bit by bit my inheritance is disappearing but that is completely fair.

zoemum2006 · 07/09/2021 12:03

We don’t need to raise taxes. The Tories have borrowed billions to funnel to their mates. Let’s have some fiscal responsibility from them before they even consider raising taxes.

EL8888 · 07/09/2021 12:04

@HesterShaw1 l raise you my parents bought a house for £42k in the mid 80’s and it’s now sorry about half a million. My dad has passed away but she still gets his pension, plus 2 of her own!

EL8888 · 07/09/2021 12:04

Sorry = worth

EL8888 · 07/09/2021 12:06

Are they definitely not getting rid of the triple lock for pensions? We are meant to be ALL in it together aren’t we?!

worrybutterfly · 07/09/2021 12:06

@SmokeyDevil

I wouldn't feel so annoyed by it if I believed the money was actually going to go to social care. But standards won't improve, pay for carers won't increase, and the money will likely just go towards tory mps pensions and pay. Hmm
I'd be interested to know how much of the money is going to increasing the caps (so people can inherit more) and how much of it is actually going on improving and supplying care.

If everything raised was going to actually funding care; ensuring carers get a fair wage, giving residents a nice experience, creating public sector care (so people are profiting less from the care system). Then it'd definitely be an easier pill to swallow.

incidentalaccident · 07/09/2021 12:08

It's disgusting. I would be fascinated to know how many people also finding it disgusting voted for this absolute shitshow of a government.

BrozTito · 07/09/2021 12:08

Endless tory bullshit. Struggling to think of when they've done anything actually conservative

Flippyflops2021 · 07/09/2021 12:09

Taken from bbc website. Source Gov.co.uk

Gutted about NI rise
InpatientGardener · 07/09/2021 12:10

@EL8888 fucking tell me about it! I work with disadvantaged teens trying to support them to have some sort of positive life chances so having to listen to drivel like 'our age group has lost 2 years of our lives, we haven't been able to holiday or do anything we enjoy' is incredibly tedious. Plus they've been retired 20 years already. Maybe I ought to mention that next time they go all woe is me.

RyanReynoldsHusband · 07/09/2021 12:10

But we knew taxes would have to rise after Covid. After lockdowns. After furlough. We knew it was coming.

It doesn’t make it right and it doesn’t make it fair, but really what did we expect? The shortfall has to come from somewhere.

BrozTito · 07/09/2021 12:11

Lets get the billions they funded to their mates by force instead. 33. Bloody billion to dido harding's shitshow.

lassingd · 07/09/2021 12:11

Torys doubling down on the senior vote. Given seniors are the fasting growing demographic, and most likely to vote tory, I can see the political logic.

What's the reason for not increasing income tax instead? None

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