A wealth tax as an alternative to National Insurance increases

Early day motion 893, tabled 25 January 2022 by Richard Burgon (Labour). Signed by 66 members.

That this House calls on the Government to abandon its regressive plans for a 1.25 percentage point increase in National Insurance contributions; believes this will add to the cost of living crisis people are already experiencing as a result of big increases in energy bills, high inflation, real-term wage cuts and cuts to universal credit; and calls on the Government to replace the proposed National Insurance increase with taxes on the wealth of the richest one per cent.

Signatures by party: Labour 34, Scottish National Party 14, DUP 4, Independent 3, Labour/Co-operative 3, Plaid Cymru 3, Alba 2, Green 1, Liberal Democrat 1, Social Democratic and Labour Party 1.