Comments by "Tony L" (@tlangdon12) on "Will Rachel Reeves' NI hike crush UK economic growth?" video.

The employees, customers, shareholders and suppliers will pay any increase in Employer tax. There is no-one else who could pay this tax as the employer gets it's money from customers, and spends it on employees and goods and services from its suppliers, distributing what is left (after Corporation Tax) to its shareholders. So an increase in Empoyment taxes is either going to create an immediate upward pressure on costs to consumers (if the cost is passed on to consumers) or a immediate downward pressure on the amount paid to shareholders (or the business owners if it's a private business). This will then get unwound as employees aren't given payrises and suppliers are told that they can't increase their prices.
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