PA MediaCopyright: PA MediaAs we mentioned earlier, the Green Party will call for a “game-changing” transformation to health, housing, transport and the
green economy at the election.But unlike Labour and the Conservatives – who have pledged no increase in personal tax rates, with the Tories planning another cut in National Insurance – the Greens are planning tax rises.The Greens say they can raise £70bn a year from new taxes on the wealthiest people in the country.Their plans include raising the National Insurance (NI) rate to 8% on annual wages above £50,270 – equivalent to an extra £283.74 per year in tax for someone earning £55,000.The party has also proposed a new wealth tax charged at 1% on all assets worth more than £10m declared in a self-assessment tax return, increasing to 2% on all assets above £1bn.Co-leader Adrian Ramsay says they are the “only party being honest” about the scale of changes needed to fix the climate crisis, housing and the NHS.Ramsay is due to speak to BBC Radio 4’s Today programme just after 07:00 BST.For a fuller look at what we expect from the Green manifesto later, click here. …
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green economy at the election.But unlike Labour and the Conservatives – who have pledged no increase in personal tax rates, with the Tories planning another cut in National Insurance – the Greens are planning tax rises.The Greens say they can raise £70bn a year from new taxes on the wealthiest people in the country.Their plans include raising the National Insurance (NI) rate to 8% on annual wages above £50,270 – equivalent to an extra £283.74 per year in tax for someone earning £55,000.The party has also proposed a new wealth tax charged at 1% on all assets worth more than £10m declared in a self-assessment tax return, increasing to 2% on all assets above £1bn.Co-leader Adrian Ramsay says they are the “only party being honest” about the scale of changes needed to fix the climate crisis, housing and the NHS.Ramsay is due to speak to BBC Radio 4’s Today programme just after 07:00 BST.For a fuller look at what we expect from the Green manifesto later, click here. …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]