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Beyond Oil: How UAE’s HOPE Mars Mission Is Breaking The Arab World Out Of Its ‘Crisis Of Scarcity’

Beyond Oil: How UAE’s HOPE Mars Mission Is Breaking The Arab World Out Of Its ‘Crisis Of Scarcity’

Authored by Cynthia Chung via The Strategic Culture Foundation,

The Emiratis understand that their economy, primarily based in oil revenue,…

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Beyond Oil: How UAE's HOPE Mars Mission Is Breaking The Arab World Out Of Its 'Crisis Of Scarcity'

Authored by Cynthia Chung via The Strategic Culture Foundation,

The Emiratis understand that their economy, primarily based in oil revenue, though presently lucrative, is a short-term prosperity. A future that is dependent on oil is unstable and unkind, it is not a reliable resource for an advancing economy.

Something truly remarkable happened on Feb. 9th, 2021, which I fear has not been fully comprehended by most of the Western hemisphere in terms of its massive implications as a game-changer in geopolitics for the Middle East.

Here in the West, we have become accustomed to our jaded denigration of space exploration. It appears to many, that space exploration is just a charade or if of real consequence, is understood as an extension of geopolitics, the imperialistic conquest and militarisation of space.

It is for this very reason that the UAE’s story for why they decided to create their Hope (or Amal in Arabic) mission to Mars is so very striking against this politically cynical foreground.

The reason for this is because the Emirates government itself has made it clear that the space-science goals come second for their Hope Mission. What comes first? “A lot of you might ask us, ‘Why space?’” Omran Sharaf, the Hope project manager, said during a news conference.

It’s not about reaching Mars,” like major ports and road ventures before it, the Mars mission is a mega-project designed to cause “a big shift in the mindset [of the Emirati people]…[the driver] is not space, it’s economic.”

The Emiratis understand that their economy, which is primarily based in oil revenue, though presently lucrative, is a short-term prosperity. A future that is dependent on oil is unstable and unkind, it is not a reliable resource for an advancing economy. It is also understood that the environmental challenges (the country is built on a desert), issues of water and food availability, are very real and pressing concerns.

It is from this recognition that the UAE government tasked a group to be formed, pretty much from scratch, with the goal to send an orbiter spacecraft into the Mars orbit with a 6 year deadline (the usual course is ten years for established experts in the field), so that the Emiratis orbiter could arrive on the 50th anniversary of the founding of the UAE.

On Feb. 9th, 2021, after a seven month journey, Hope successfully executed a perilous 27 minute thruster burn to slip into orbit around Mars, making the UAE the fifth nation to visit the Red Planet (the other four are: the U.S., Russia, the European Union, and India).

China’s Tianwen-1 (translated as Questions to Heaven) joined Hope a day after into Mars’ orbit and became the sixth nation to visit Mars. China is the first nation to have sent both an orbiter and rover in one shot, the rover is scheduled to land on Mars May 2021, if successful, China will be the second nation to operate a rover on Mars. The U.S.’ Perseverance rover successfully landed on Mars on Feb. 18th.

The reason why all three countries are entering Mars in the same month is because the orbital dynamics of Earth and Mars line up properly for interplanetary missions for just a few weeks once every 26 months.

The Hope mission success promises to pull the UAE into an economic transformation, through further science driver programs whose aim will be to address future water and food shortages and create an alternative energy sector that is not oil dependent (1), which would be a much greater prize than just getting data from Mars. Getting to Mars is important, says Sarah Al Amiri (who is the Deputy Manager of the Emirates Mars Mission), but “how we get there is even more important”.

As the first Arab nation to perform an interplanetary venture, the UAE has been quick to make clear to the international community that they perceive this success as something to be shared with their Arab neighbours and to encourage the development of science driver programs in fellow Arab countries to solve the issues of scarcity in the Middle East.

It is for this reason that as early as March 2019, the UAE helped organise a Global Space Congress meeting and the formation of the first regional team, consisting of eleven Arab states, to cooperate on a space program. The idea behind this is for the UAE to help train scientists from these eleven Arab countries at centers such as the Mohammed Bin Rashid Space Center located in Dubai, so that these scientists can return to their countries with the knowledge and training to build their own space programs.

The UAE has also announced that the Emirates Mars Mission (EMM) will release its data to the international scientific community without an embargo, recognising that the progress of a neighbour is beneficial for all.

What Does Going to Space Have to Do With Solving Scarcity on Earth?

The UAE has come a long way from its beginnings in 1971, when a group of impoverished communities from distinct tribes joined forces in the wake of independence from the United Kingdom. Today, much of the UAE is so new it feels like the future, oil wealth and bold infrastructure projects have helped to turn the nation into one of the richest countries in the world per capita.

But these very business sectors proved vulnerable to a series of economic crashes and the Arab Spring. With the decreasing oil reserves, it was understood by the Emirates government that a population of businessmen was not going to be the solution to this problem. The Emiratis needed a new energy sector and they needed a population of scientists to develop it.

However, Emirati undergraduates tend to study engineering or business, fewer than 5% pursue degrees in basic sciences. Therefore, the Emirates government understood that they would need to create a science driver program, an ambitious program that would inspire its youth and its universities to become leaders in the frontiers of science, which in turn would create the science boom that the UAE required to solve its issues of scarcity and oil dependence.

It is at this point that we come to the story of the maestro behind the Mars project Hope, and how she found herself in the position, at the age of 34 years old today, leading not only the first Arab nation’s interplanetary venture as Deputy Project Manager but also chair of the UAE Space Agency, Chair of the UAE Council of Scientists and Minister of State for Advanced Sciences.

Her story shares in the remarkability of her country’s mission of Hope, and achieving what anyone would have thought was an impossibility.

Sarah Al Amiri describes how as early as the age of twelve she had a passion for learning more about space, however, at the time, not only did the UAE not have a space sector but it also didn’t have programs such as planetary science offered in their universities.

So, she entered computer engineering- her second passion. In 2006, the UAE started developing a space sector but Al Amiri only became aware of job opportunities in this sector in 2009. When she applied, it was still in its start-up phase.

She was put on a team that was developing a second satellite; the team of engineers was comprised of individuals in their early and mid-twenties, who had just graduated from their university programs.

As Al Amiri describes it:

The job I came into was created for me…[a] job that should have been there but didn’t exist before…So, I had nobody to learn from…The only thing that they had provided to anyone joining there was a goal that they needed to achieve…it was the responsibility of myself and each of every single person within that team to develop that entire area within the organisation and eventually grow people within the organisation in that area…

Five years later, Nov 21st, 2013 was the day that Al Amiri was invited to join a feasibility study for a Mars planetary exploration project. However, at the time the UAE did not have a space agency and it did not have planetary scientists, and had only recently launched its first satellite. “The UAE, you see, wanted to celebrate its 50th anniversary with a contribution to humanity, and a contribution to science,” said Al Amiri. “They needed a spacecraft to be developed to go to Mars, because Mars is of interest to humanity today, to gather data that scientists don’t have access to today, and to answer noble questions that have been posed about Mars but we currently don’t have the necessary information to start answering.

The Emirati engineering team was able to defy all odds with the support of three American universities, but namely the Laboratory for Atmospheric and Space Physics at the University of Colorado Boulder. Sharaf was told by his superiors to “build it, not buy it”, in order to create skills within the UAE itself.

One of the factors that allowed the UAE to cut ten years down to six years was the converting of some of the space center’s engineers into planetary scientists by offering apprentice-like training with researchers in the United States, this was often done on top of a full-work schedule and from long distance teleconferencing, as in the case for Al Amiri.

For those of you who might be thinking that this outside support reduces the accomplishment of the Emirati people, the reader should be aware that over 50% of all Mars missions have failed. You can check out the details of the success rate here.

Because the U.A.E. does not yet have its own rocket industry, Hope was launched aboard an H-IIA rocket from Mitsubishi Heavy Industries, from the Tanegashima Space Center in Japan on July 19th, 2020 on schedule, despite the coronavirus outbreak.

For its science goals, the UAE went to the Mars Exploration Program Analysis Group, a NASA-led international forum that agrees on gaps in knowledge to tackle in future Mars missions.

It was very important for us to fit into an area of science that was relevant not only to the UAE but the global science community,says Al Amiri.

The Hope Mars mission is to provide scientists with the first holistic view of the Martian atmosphere; providing for the first time a global map of the entire climate of Mars over the course of one Martian year (which is two Earth years). Most importantly, this mission is to try to fill in a missing piece of the puzzle in understanding what happened and what is currently happening to hydrogen and oxygen atoms in Mars, the building blocks of water.

However, as Al Amiri stresses:

It is called Hope for a reason above and beyond the science that it’s contributing. Today our region, the Middle East, is filled with turmoil, it is the reason it is going through a few of its darkest hours, and what we are doing at the Hope Emirates Mars mission is providing a message, the Middle East is made up of over 50% youth. This project Hope is being run by a team that is under thirty-five [years old], a team that is made up of 34% women [and the Mars mission’s scientists are made up of 80% women], the average age is twenty-seven. An entire nation is putting its Hope in a team of youth and presenting a message to the region. This mission is also called Hope because we are contributing to the global understanding of a planet. We are going above and beyond the turmoil that is now defining our region and becoming positive contributors to science. Science to me, is the most international form of collaboration, it is limitless, it is borderless, and it’s run by passions of individuals for the benefit of human understanding.”

Just as the building of the dome to the Santa Maria del Fiore was the science driver program of 15th century Florence, Italy, which succeeded in building the largest masonry dome ever to this date, the Hope mission shows equal promise for the future of the Middle East.

At the time, the Florentines were thought mad. Why set their ambitions on building the largest dome ever (beating the Roman Pantheon) during a time of war between its cities (Italy was not a formed country yet) in the midst of the Dark Age and during the pestilence of the plague, which had wiped out 70% of the population in many cities?

Included in the Florentine public records was an official statement describing the aspiration of Florence in setting out to accomplish this incredible endeavour, “as something of the most exalted and prodigal of magnificence, so that the industry and power of man are unable to invent or ever attempt to gain anything that is larger or more beautiful.” It was this project that would come to inspire a Renaissance (for more on this story refer to my paper).

It is only by striving for the impossible that we challenge the boundaries of what is possible.

The solutions are out there but we must become focused on achieving them. The Hope mission is an example of what a country can do, if it sets a goal and strives its hardest at achieving it. It is not a question of money, but a question of will. Every problem is approached with the understanding that there is a solution to that problem, such that, even if the goal is not achieved, the process of working towards that goal, the knowledge and skills that are developed in the process and the inspiration it instills in its people are the true reward, the true treasure. And this return is exponential when multiple countries agree to work towards such a goal. The UAE understands that this is the only solution to the turmoil in the Middle East, the sharing of a common goal for prosperity.

Today, I would like you all to do something with me, I want everybody to lift up their finger and cover a region of the sky. Look up at your fingertip that is blocking a region of the sky, the Hubble Space Telescope was pointed at a region that small and it came up with this image [see picture]. This image, the dots of light that you see are not stars, they are galaxies. There are hundreds of billions of stars in each one of those dots, in that small region of sky that we look at. Each galaxy contains billions of stars. Each star, imagine how many goldilocks zones exist around them, how many possible planets could exist around those and how many possibilities of life could there possibly exist in this small portion of the sky. And today I would like you to imagine, what is the positive contribution you are doing right here on this unremarkable planet, in this unremarkable solar system , in this unremarkable galaxy that justifies how infinite the possibilities are in this small image and how positive and infinite your contribution is on this infinitesimal planet.

– Sarah Al Amiri

Tyler Durden Fri, 02/26/2021 - 02:00

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Buried Project Veritas Recording Shows Top Pfizer Scientists Suppressed Concerns Over COVID-19 Boosters, MRNA Tech

Buried Project Veritas Recording Shows Top Pfizer Scientists Suppressed Concerns Over COVID-19 Boosters, MRNA Tech

Submitted by Liam Cosgrove

Former…

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Buried Project Veritas Recording Shows Top Pfizer Scientists Suppressed Concerns Over COVID-19 Boosters, MRNA Tech

Submitted by Liam Cosgrove

Former Project Veritas & O’Keefe Media Group operative and Pfizer formulation analyst scientist Justin Leslie revealed previously unpublished recordings showing Pfizer’s top vaccine researchers discussing major concerns surrounding COVID-19 vaccines. Leslie delivered these recordings to Veritas in late 2021, but they were never published:

Featured in Leslie’s footage is Kanwal Gill, a principal scientist at Pfizer. Gill was weary of MRNA technology given its long research history yet lack of approved commercial products. She called the vaccines “sneaky,” suggesting latent side effects could emerge in time.

Gill goes on to illustrate how the vaccine formulation process was dramatically rushed under the FDA’s Emergency Use Authorization and adds that profit incentives likely played a role:

"It’s going to affect my heart, and I’m going to die. And nobody’s talking about that."

Leslie recorded another colleague, Pfizer’s pharmaceutical formulation scientist Ramin Darvari, who raised the since-validated concern that repeat booster intake could damage the cardiovascular system:

None of these claims will be shocking to hear in 2024, but it is telling that high-level Pfizer researchers were discussing these topics in private while the company assured the public of “no serious safety concerns” upon the jab’s release:

Vaccine for Children is a Different Formulation

Leslie sent me a little-known FDA-Pfizer conference — a 7-hour Zoom meeting published in tandem with the approval of the vaccine for 5 – 11 year-olds — during which Pfizer’s vice presidents of vaccine research and development, Nicholas Warne and William Gruber, discussed a last-minute change to the vaccine’s “buffer” — from “PBS” to “Tris” — to improve its shelf life. For about 30 seconds of these 7 hours, Gruber acknowledged that the new formula was NOT the one used in clinical trials (emphasis mine):


“The studies were done using the same volume… but contained the PBS buffer. We obviously had extensive consultations with the FDA and it was determined that the clinical studies were not required because, again, the LNP and the MRNA are the same and the behavior — in terms of reactogenicity and efficacy — are expected to be the same.

According to Leslie, the tweaked “buffer” dramatically changed the temperature needed for storage: “Before they changed this last step of the formulation, the formula was to be kept at -80 degrees Celsius. After they changed the last step, we kept them at 2 to 8 degrees celsius,” Leslie told me.

The claims are backed up in the referenced video presentation:

I’m no vaccinologist but an 80-degree temperature delta — and a 5x shelf-life in a warmer climate — seems like a significant change that might warrant clinical trials before commercial release.

Despite this information technically being public, there has been virtually no media scrutiny or even coverage — and in fact, most were told the vaccine for children was the same formula but just a smaller dose — which is perhaps due to a combination of the information being buried within a 7-hour jargon-filled presentation and our media being totally dysfunctional.

Bohemian Grove?

Leslie’s 2-hour long documentary on his experience at both Pfizer and O’Keefe’s companies concludes on an interesting note: James O’Keefe attended an outing at the Bohemian Grove.

Leslie offers this photo of James’ Bohemian Grove “GATE” slip as evidence, left on his work desk atop a copy of his book, “American Muckraker”:

My thoughts on the Bohemian Grove: my good friend’s dad was its general manager for several decades. From what I have gathered through that connection, the Bohemian Grove is not some version of the Illuminati, at least not in the institutional sense.

Do powerful elites hangout there? Absolutely. Do they discuss their plans for the world while hanging out there? I’m sure it has happened. Do they have a weird ritual with a giant owl? Yep, Alex Jones showed that to the world.

My perspective is based on conversations with my friend and my belief that his father is not lying to him. I could be wrong and am open to evidence — like if boxer Ryan Garcia decides to produce evidence regarding his rape claims — and I do find it a bit strange the club would invite O’Keefe who is notorious for covertly filming, but Occam’s razor would lead me to believe the club is — as it was under my friend’s dad — run by boomer conservatives the extent of whose politics include disliking wokeness, immigration, and Biden (common subjects of O’Keefe’s work).

Therefore, I don’t find O’Keefe’s visit to the club indicative that he is some sort of Operation Mockingbird asset as Leslie tries to depict (however Mockingbird is a 100% legitimate conspiracy). I have also met James several times and even came close to joining OMG. While I disagreed with James on the significance of many of his stories — finding some to be overhyped and showy — I never doubted his conviction in them.

As for why Leslie’s story was squashed… all my sources told me it was to avoid jail time for Veritas executives.

Feel free to watch Leslie’s full documentary here and decide for yourself.

Fun fact — Justin Leslie was also the operative behind this mega-viral Project Veritas story where Pfizer’s director of R&D claimed the company was privately mutating COVID-19 behind closed doors:

Tyler Durden Tue, 03/12/2024 - 13:40

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Association of prenatal vitamins and metals with epigenetic aging at birth and in childhood

“[…] our findings support the hypothesis that the intrauterine environment, particularly essential and non-essential metals, affect epigenetic aging…

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“[…] our findings support the hypothesis that the intrauterine environment, particularly essential and non-essential metals, affect epigenetic aging biomarkers across the life course.”

Credit: 2024 Bozack et al.

“[…] our findings support the hypothesis that the intrauterine environment, particularly essential and non-essential metals, affect epigenetic aging biomarkers across the life course.”

BUFFALO, NY- March 12, 2024 – A new research paper was published in Aging (listed by MEDLINE/PubMed as “Aging (Albany NY)” and “Aging-US” by Web of Science) Volume 16, Issue 4, entitled, “Associations of prenatal one-carbon metabolism nutrients and metals with epigenetic aging biomarkers at birth and in childhood in a US cohort.”

Epigenetic gestational age acceleration (EGAA) at birth and epigenetic age acceleration (EAA) in childhood may be biomarkers of the intrauterine environment. In this new study, researchers Anne K. Bozack, Sheryl L. Rifas-Shiman, Andrea A. Baccarelli, Robert O. Wright, Diane R. Gold, Emily Oken, Marie-France Hivert, and Andres Cardenas from Stanford University School of Medicine, Harvard Medical School, Harvard T.H. Chan School of Public Health, Columbia University, and Icahn School of Medicine at Mount Sinai investigated the extent to which first-trimester folate, B12, 5 essential and 7 non-essential metals in maternal circulation are associated with EGAA and EAA in early life. 

“[…] we hypothesized that OCM [one-carbon metabolism] nutrients and essential metals would be positively associated with EGAA and non-essential metals would be negatively associated with EGAA. We also investigated nonlinear associations and associations with mixtures of micronutrients and metals.”

Bohlin EGAA and Horvath pan-tissue and skin and blood EAA were calculated using DNA methylation measured in cord blood (N=351) and mid-childhood blood (N=326; median age = 7.7 years) in the Project Viva pre-birth cohort. A one standard deviation increase in individual essential metals (copper, manganese, and zinc) was associated with 0.94-1.2 weeks lower Horvath EAA at birth, and patterns of exposures identified by exploratory factor analysis suggested that a common source of essential metals was associated with Horvath EAA. The researchers also observed evidence of nonlinear associations of zinc with Bohlin EGAA, magnesium and lead with Horvath EAA, and cesium with skin and blood EAA at birth. Overall, associations at birth did not persist in mid-childhood; however, arsenic was associated with greater EAA at birth and in childhood. 

“Prenatal metals, including essential metals and arsenic, are associated with epigenetic aging in early life, which might be associated with future health.”

 

Read the full paper: DOI: https://doi.org/10.18632/aging.205602 

Corresponding Author: Andres Cardenas

Corresponding Email: andres.cardenas@stanford.edu 

Keywords: epigenetic age acceleration, metals, folate, B12, prenatal exposures

Click here to sign up for free Altmetric alerts about this article.

 

About Aging:

Launched in 2009, Aging publishes papers of general interest and biological significance in all fields of aging research and age-related diseases, including cancer—and now, with a special focus on COVID-19 vulnerability as an age-dependent syndrome. Topics in Aging go beyond traditional gerontology, including, but not limited to, cellular and molecular biology, human age-related diseases, pathology in model organisms, signal transduction pathways (e.g., p53, sirtuins, and PI-3K/AKT/mTOR, among others), and approaches to modulating these signaling pathways.

Please visit our website at www.Aging-US.com​​ and connect with us:

  • Facebook
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  • Spotify, and available wherever you listen to podcasts

 

Click here to subscribe to Aging publication updates.

For media inquiries, please contact media@impactjournals.com.

 

Aging (Aging-US) Journal Office

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Orchard Park, NY 14127

Phone: 1-800-922-0957, option 1

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A beginner’s guide to the taxes you’ll hear about this election season

Everything you need to know about income tax, national insurance and more.

Cast Of Thousands/Shutterstock

National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many different ways we contribute to the cost of running the country. The budget announcement is the key time each year when the government shares its financial plans with us all, and announces changes that may make a tangible difference to what you pay.

But you’ll likely be hearing a lot more about taxes in the coming months – promises to cut or raise them are an easy win (or lose) for politicians in an election year. We may even get at least one “mini-budget”.

If you’ve recently entered the workforce or the housing market, you may still be wrapping your mind around all of these terms. Here is what you need to know about the different types of taxes and how they affect you.

The UK broadly uses three ways to collect tax:

1. When you earn money

If you are an employee or own a business, taxes are deducted from your salary or profits you make. For most people, this happens in two ways: income tax, and national insurance contributions (or NICs).

If you are self-employed, you will have to pay your taxes via an annual tax return assessment. You might also have to pay taxes this way for interest you earn on savings, dividends (distribution of profits from a company or shares you own) received and most other forms of income not taxed before you get it.

Around two-thirds of taxes collected come from people’s or business’ incomes in the UK.

2. When you spend money

VAT and excise duties are taxes on most goods and services you buy, with some exceptions like books and children’s clothing. About 20% of the total tax collected is VAT.

3. Taxes on wealth and assets

These are mainly taxes on the money you earn if you sell assets (like property or stocks) for more than you bought them for, or when you pass on assets in an inheritance. In the latter case in the UK, the recipient doesn’t pay this, it is the estate paying it out that must cover this if due. These taxes contribute only about 3% to the total tax collected.

You also likely have to pay council tax, which is set by the council you live in based on the value of your house or flat. It is paid by the user of the property, no matter if you own or rent. If you are a full-time student or on some apprenticeship schemes, you may get a deduction or not have to pay council tax at all.


Quarter life, a series by The Conversation

This article is part of Quarter Life, a series about issues affecting those of us in our 20s and 30s. From the challenges of beginning a career and taking care of our mental health, to the excitement of starting a family, adopting a pet or just making friends as an adult. The articles in this series explore the questions and bring answers as we navigate this turbulent period of life.

You may be interested in:

If you get your financial advice on social media, watch out for misinformation

Future graduates will pay more in student loan repayments – and the poorest will be worst affected

Selling on Vinted, Etsy or eBay? Here’s what you need to know about paying tax


Put together, these totalled almost £790 billion in 2022-23, which the government spends on public services such as the NHS, schools and social care. The government collects taxes from all sources and sets its spending plans accordingly, borrowing to make up any difference between the two.

Income tax

The amount of income tax you pay is determined by where your income sits in a series of “bands” set by the government. Almost everyone is entitled to a “personal allowance”, currently £12,570, which you can earn without needing to pay any income tax.

You then pay 20% in tax on each pound of income you earn (across all sources) from £12,570-£50,270. You pay 40% on each extra pound up to £125,140 and 45% over this. If you earn more than £100,000, the personal allowance (amount of untaxed income) starts to decrease.

If you are self-employed, the same rates apply to you. You just don’t have an employer to take this off your salary each month. Instead, you have to make sure you have enough money at the end of the year to pay this directly to the government.


Read more: Taxes aren't just about money – they shape how we think about each other


The government can increase the threshold limits to adjust for inflation. This tries to ensure any wage rise you get in response to higher prices doesn’t lead to you having to pay a higher tax rate. However, the government announced in 2021 that they would freeze these thresholds until 2026 (extended now to 2028), arguing that it would help repay the costs of the pandemic.

Given wages are now rising for many to help with the cost of living crisis, this means many people will pay more income tax this coming year than they did before. This is sometimes referred to as “fiscal drag” – where lower earners are “dragged” into paying higher tax rates, or being taxed on more of their income.

National insurance

National insurance contributions (NICs) are a second “tax” you pay on your income – or to be precise, on your earned income (your salary). You don’t pay this on some forms of income, including savings or dividends, and you also don’t pay it once you reach state retirement age (currently 66).

While Jeremy Hunt, the current chancellor of the exchequer, didn’t adjust income tax meaningfully in this year’s budget, he did announce a cut to NICs. This was a surprise to many, as we had already seen rates fall from 12% to 10% on incomes higher than £242/week in January. It will now fall again to 8% from April.


Read more: Budget 2024: experts explain what it means for taxpayers, businesses, borrowers and the NHS


While this is charged separately to income tax, in reality it all just goes into one pot with other taxes. Some, including the chancellor, say it is time to merge these two deductions and make this simpler for everyone. In his budget speech this year, Hunt said he’d like to see this tax go entirely. He thinks this isn’t fair on those who have to pay it, as it is only charged on some forms of income and on some workers.

I wouldn’t hold my breath for this to happen however, and even if it did, there are huge sums linked to NICs (nearly £180bn last year) so it would almost certainly have to be collected from elsewhere (such as via an increase in income taxes, or a lot more borrowing) to make sure the government could still balance its books.

A young black man sits at a home office desk with his feet up, looking at a mobile phone
Do you know how much tax you pay? Alex from the Rock/Shutterstock

Other taxes

There are likely to be further tweaks to the UK’s tax system soon, perhaps by the current government before the election – and almost certainly if there is a change of government.

Wealth taxes may be in line for a change. In the budget, the chancellor reduced capital gains taxes on sales of assets such as second properties (from 28% to 24%). These types of taxes provide only a limited amount of money to the government, as quite high thresholds apply for inheritance tax (up to £1 million if you are passing on a family home).

There are calls from many quarters though to look again at these types of taxes. Wealth inequality (the differences between total wealth held by the richest compared to the poorest) in the UK is very high (much higher than income inequality) and rising.

But how to do this effectively is a matter of much debate. A recent study suggested a one-off tax on total wealth held over a certain threshold might work. But wealth taxes are challenging to make work in practice, and both main political parties have already said this isn’t an option they are considering currently.

Andy Lymer and his colleagues at the Centre for Personal Financial Wellbeing at Aston University currently or have recently received funding for their research work from a variety of funding bodies including the UK's Money and Pension Service, the Aviva Foundation, Fair4All Finance, NEST Insight, the Gambling Commission, Vivid Housing and the ESRC, amongst others.

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