• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home News

Tory MP’s attempt to highlight tax policy spectacularly backfires

Yet another community note for the Conservative Party

Joe Connor by Joe Connor
2024-03-10 20:56
in News, Politics
FacebookTwitterLinkedinEmailWhatsapp

In a recent attempt to draw attention to tax policies under the Conservative government, Tory MP Jacob Young found himself in an embarrassing situation when his argument was swiftly debunked on social media.

Young had sought to make a comparison between the amount of tax paid by individuals under Conservative and Labour administrations. Specifically, he claimed that individuals earning lower salaries paid significantly less tax under the Conservatives compared to Labour.

Taking to social media platform X (formerly Twitter), Young asserted, “In 2010 under Labour, someone earning £15,000 paid £2,726 in tax. In 2024 under the Conservatives, someone earning £15,000 will pay £679 in tax.”

However, a community note appended to his post quickly highlighted the flaw in his comparison, revealing that Young had failed to account for inflation and different taxation components between the two periods. The corrected calculation showed that the tax burden in 2024 would actually be higher than initially claimed.

In 2010 under Labour, someone earning £15,000 paid £2,726 in tax.

In 2024 under the Conservatives, someone earning £15,000 will pay £679 in tax.

— Jacob Young MP (@JacobYoungMP) March 7, 2024

This misstep coincided with similar controversies within the Conservative Party regarding tax-related claims. The official Conservative X account shared a graphic boasting of tax cuts, asserting that the average worker on a £35,000 salary would save £900 annually. Yet, a community note promptly refuted this, pointing out that the UK tax burden under the Conservatives was at a record high.

We’re cutting your taxes – again.

Cutting Employee National Insurance by a third will save workers up to ~£1,500 every single year. https://t.co/SaJKGiGzdi

— Croydon Conservatives ☝️🇬🇧 (@CroydonTories) March 6, 2024

This incident adds to a series of public missteps by prominent Conservative figures. Chancellor Rishi Sunak was recently corrected on social media for claiming tax reductions and improvements in NHS waiting times, with community notes highlighting the contrary realities of rising taxes and record-high waiting lists.

Even Prime Minister Rishi Sunak found himself facing criticism after suggesting that the government had cleared a backlog of asylum claims, a statement refuted by statistics indicating a significant number of unresolved cases.

You may also like: Surely not? Tory MPs reportedly plotting to oust Rishi Sunak – and ‘bring back Boris’

RelatedPosts

Sting slams Brexit as an ‘act of folly’ during French TV appearance

Zia Yusuf mocked for claiming Kent council is spending ‘asylum budget’ on bowling and crazy golf

Oxford Street to be pedestrianised as soon as possible, Sadiq Khan confirms

Trump unveils $499 gold mobile phones for ‘real Americans’

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← Surely not? Tory MPs reportedly plotting to oust Rishi Sunak – and ‘bring back Boris’ ← Tory minister called out for lying over MP’s quitting parliament
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->