"Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story."
"According to the latest reports, the chancellor faces the prospect of raising income tax while cutting National Insurance (NI) on 26 November, as she seeks to balance the books. Many readers argued that a modest rise in income tax, particularly for wealthier earners, would be the fairest approach especially if paired with a reduction in NI to support lower-paid workers and smaller employers."
"Others expressed concern for pensioners and those on low incomes, warning that even a 2p hike could reduce take-home pay and undermine the value of the triple lock. Several highlighted the difficult choices Labour faces: while taxing savings, capital gains, property, or VAT may be politically appealing, these measures risk stifling growth and investment. Some suggested alternative approaches, such as a wealth tax or simpler reforms cutting bureaucracy, streamlining VAT, or abolishing stamp duty to raise revenue without harming productivity."
The Independent emphasizes fundraising to sustain on-the-ground, paywall-free journalism covering topics from reproductive rights to climate change and Big Tech. Donations enable journalists to report directly and present multiple perspectives. With a looming Budget and a potential 20bn funding gap, readers voiced views on proposed tax changes. The chancellor may raise income tax while cutting National Insurance to balance the books. Many readers support a modest income tax rise for wealthier earners paired with NI reductions to aid lower-paid workers and small employers. Concerns focus on impacts for pensioners and low-income households. Alternative revenue options suggested include wealth taxes and VAT or stamp duty reforms.
Read at www.independent.co.uk
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