"Have you met the cretins we have in Westminster? Do you think we can be worse than that?" --- Nigel Farage
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Friday 11 December 2009
You ain't seen nothing yet
The 1% increase (0.5%employer, 0.5%employee) in NI contributions will raise £3 billion. That's 1% of salary, not 1% extra NI. So it would take another 66% of workers' salaries to wipe out the deficit.
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