The talk of abolishing NI as a tax continue to persist, but should we be looking more closely out our tax system as a whole and focussing on closing loopholes. I explore what the government makes in taxation.

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Question – What are your thoughts on the topic discussed today. Leave a comment and have your say.

Disclaimer: None of this is meant to be construed as investment advice, it's for entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.

TIMESTAMPS
Intro - 0:00
The rationale to abolish NI - 1:10
Where does the Government get it's money - 2:50
Tax on companies - 4:50
Tax on capital - 7:05
The real issue with abolishing NI - 7:50
Will they close loophole - 10:35

About: Peter discusses the issues with abolishing NI if the tories get the chance