i Newspaperr Article RatingBurnham could bring back 50p income tax rate - to pay for a cut for lower earners
- Bias Rating
10% Center
- Reliability
45% ReliableAverage
- Policy Leaning
10% Center
- Politician Portrayal
N/A
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The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.
Sentiments
-7% Negative
- Liberal
- Conservative
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Contributing sentiments towards policy:
56% : As incomes and pensions rise while tax thresholds remain unchanged, more individuals will be drawn into the tax system or pushed into higher tax bands.53% : More broadly, the threshold freeze is expected to bring 780,000 people into income tax for the first time, while pushing 920,000 into the higher-rate band and 4,000 into the additional-rate band.
52% : " The freeze of the personal allowance at £12,570 is expected to increase the number of people paying income tax through fiscal drag.
51% : He said he had "thought a lot" about how to pay for reform since first proposing a National Care Service as health secretary in 2010 - a plan funded by a levy on estates that was branded a "death tax" by the Conservatives at the time.
50% : If it was reintroduced, people earning above a specific high-income threshold would pay 50p in tax on every extra £1 they earn over that level.
50% : Asked whether any tax changes would mean higher borrowing, Burnham insisted he would stick to the existing fiscal rules.
48% : The Office for Budget Responsibility forecasts that up to one million more pensioners could pay income tax by 2030-31 as the state pension rises under the triple lock and approaches the frozen personal allowance threshold.
40% : Speaking at his first press conference since taking over as Prime Minister on Monday, Burnham said he was "looking at" the frozen personal tax allowance, which has dragged growing numbers of people into paying income tax.
31% : Andy Burnham has not ruled out restoring the 50p top rate of income tax to fund tax cuts for pensioners and lower earners.
*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.