LABOUR'S STEALTH TAXES

It was Gordon Brown that introduced the stealth tax on responsible people with insurance policies. In fact, he introduced over 100 stealth taxes during his reign. Labour likes to tax the people beyond what their pockets can afford. 

Now the Insurance Industry is calling for the treasury to cut the stealth tax on insurance policies. People should not be penalised for being responsible. The government will rake in over 7BN from the stealth tax on insurance. My own car insurance has nearly doubled since last year with no claims in five years. 

When I questioned Direct Line, the lady said when they asked, they were told "its a sensitive".  I replied, so we're paying for other people's cars and especially those EV cars that cannot be fixed. She then said that a lot of trees fell on cars last year and the cost of claims have cost millions. 

Also repairs to cars have gone up at least 33% so claims have gone a lot higher. 

The stealth tax is 12% on Household, Motor, Private Medical and Pet Insurance. One of the reasons that people can't afford Private Medical and Pet Insurance. Some cover such as travel is as much as 20% tax. 

Dennis Reed, Head of Silver Voices, a campaign group representing the elderly, "pointed the finger at insurers for taking customers for a ride with unjustifiable hikes in premiums." 

https://www.dailymail.co.uk/news/article-12631803/Chancellor-urged-slash-7BILLION-stealth-tax-insurance-policies-industrys-trade-body.html

I stopped buying buildings insurance in the 90s when a claim was refused. I don't travel these days and I didn't always by travel insurance when I did travel abroad. I do have car and pet insurance. 

In the UK, we are paying the highest taxes in 70 years. All those economic migrants are costing us a mega amount of money and the UK is trillions in debt.