Working families in Plymouth are continuing to pay the price for nearly fourteen years of Conservative failure on the economy.
A new online tax calculator shows that the average Plymouth worker (who according to the ONS earns £27,274 per year) is paying a shocking £945 more per year under the Tories, with many paying much more than that.
People in Plymouth continue to worry each month about rising prices in the shops, energy bills going up and higher mortgage payments after the Conservatives crashed the economy.
Families have rightly had enough of the Tories. 90% of crimes are going unsolved, the NHS is on its knees and the ongoing Tory psychodrama is causing constant chaos and upheaval in Downing Street.
Alongside the rising taxes and economic failure we have become resigned to under this failing government, never before have working people been asked to pay so much and get so little back.
Nothing Rishi Sunak or the Conservatives say or do can change their appalling record. Labour is now the party of fiscal responsibility, and we are the only party with a plan to make working people better off.
It is time for change. Plymouth and the country urgently need an election now to give the British public the chance to vote for a changed Labour Party that will change Britain for the better.
‘Tory Tax Calculator’ explained
A new online tax calculator has been launched this week which demonstrates that people in Plymouth are much more worse off after nearly fourteen years of Conservative government.
The tax calculator available online at www.ToryTaxCalculator.com allows working people to select their salary band and find out how much more tax they are paying under the Tories even after the National Insurance cut.
The tax calculator shows that the average Plymouth worker (who according to the ONS earns £27,274 per year) is paying a shocking £945 more per year under the Tories with many paying much more than that.
Since the last election, there have been 25 Tory tax rises. Even after the reduction in National Insurance Contributions, the Institute for Fiscal Studies has said that this will be the “biggest tax-raising parliament in modern times… [and will] not stop tax revenues rising to their highest ever levels.”
For every £10 the Tories are taking in tax because of the freezing of thresholds, they are only giving £2 back – with families still £1,200 a year worse off under the Tories’ tax plans.