Next week, if Rishi and Boris can come to an agreement, there will be a announcement by the government wrt what it intends to do about the solving the social care crisis.
The hot money is on a cap of between £50K-£100K of what an individual would be expected to contribute towards their own care, and a rise in NI of between 1%-1.5% (Sajid favours 2%).
Whilst it is clear that social care is an utter shambles, as to whether this is the right way to fix it remains to be seen, eg:
- should the funding be taken from a rise in NI?
-shouldn't people (who have the means necessary, eg a house) be expected to fund more of the costs themselves?
-can the government be trusted not to spend the extra taxes on other things?
We shall see!
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