Abolish NI over time and replace it with a progressive consumption tax charged on the flows through a person’s bank account (having allowed for transfers between related accounts). This is green taxation and it does not penalise jobs, which is the last thing we need to do as we head for automation. Tinkering with NIC is pointless. We need a financial transactions tax for a new era.
Consumption taxes and transactions taxes are conceptually different things.
Sheesh. Don’t forget he is employed by the British State to teach economics and I am not.