Report Warns Rayner's Union Bill Will Impose £5 Billion Stealth Tax on 'Working People'

Report Warns Rayner's Union Bill Will Impose £5 Billion Stealth Tax on 'Working People'

The Institute of Economic Affairs has just dropped a new report slamming Angela Rayner’s Employment Rights Bill. The report warns that the £5 billion the

Employment Rights Bill a stealth tax on workers, new IEA report

The Employment Rights Bill returning to parliament today (Monday 14th July) will impose a £5 billion stealth tax on British workers, according to a new report published by the Institute of Economic Affairs. The analysis warns that employment mandates, sold as helping workers, really function like hidden taxes that reduce their wages over time. Professor J.R. Shackleton, the report’s author, argues that politicians exploit public misunderstanding…

Employment Rights Bill A Stealth Tax On Workers, Warns New IEA Report

Mandated employment benefits function as a 'stealth payroll tax' that ultimately reduce workers' wages, not employers' profits.£5bn cost of new mandates in the Employment Rights Bill will be passed on to employees through smaller pay rises over time.