Just turned on #bbctoday and they seem to be debating the definition of “working people”.
Are business owners and landlords “working people”? Yes they are, of course. But unlike the folk they employ, they are also direct owners of capital assets.
The Labour Party is, for once, being awfully socialist. The rise in employers’ contributions to NI is a tax on capital ownership.
Now one can debate the merits or otherwise of this, but that is the expected tax. #labour