• Sunday, May 22, 2022

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Lib Dem panel proposes new tax for embattled NHS

Protestors carry placards during a march calling for an end to the ‘crisis’ in NHS, in central London on February 3, 2018. (Photo: DANIEL LEAL-OLIVAS/AFP/Getty Images)

By: Kiran Paul

An expert panel, set up by the Liberal Democrats, has proposed a new ring-fenced tax to fund the NHS and social care. The panel also suggested a real terms funding increase of £4 billion in 2018-19 and further real terms increases of £2.5 billion in each of the following two years, to cover the inflation. The 10-member panel of health experts in their report, titled Health and Social Care: Delivering a Secure Funding Future, suggested an increase in income tax as a short-term measure to bridge the NHS funding gap. The report, however, argues for a single ring-fenced tax to…

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