11 key points from Jeremy Hunt's Budget and what they mean for you in Wales
- Bias Rating
10% Center
- Reliability
45% ReliableFair
- Policy Leaning
10% Center
- Politician Portrayal
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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
-3% Negative
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- Conservative
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Reliability Score Analysis
Policy Leaning Analysis
Politician Portrayal Analysis
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Contributing sentiments towards policy:
61% : However the Institute for Fiscal Studies (IFS) said the NI cut would be offset by other policies which have seen NI and tax thresholds frozen for years.55% : "This is the second fiscal event where we've reduced National Insurance without increasing borrowing or cutting public spending," he said.
54% : By 2027-28, after another three years of real-terms cuts to tax thresholds, the net effect of income tax and NIs changes since 2021 for the average full-time earner will be a tax cut of £140 per year, it said.
52% : He cut National Insurance by another 2p but this will be offset by other ongoing government policies while there were changes to child benefit and the scrapping of tax breaks for second home owners.
50% : National Insurance cutMr Hunt confirmed what had already been expected by cutting National Insurance by 2p.
49% : Property taxThe higher rate of capital gains tax, which is taxed when you sell an asset that has increased in value, is being reduced from 28% to 24%.
47% : We have contacted the Welsh Government to clarify whether there will be any changes to land transaction tax as a result of Mr Hunt's announcement.
46% : The announcement adds to existing efforts by Welsh councils to clamp down on holiday lets in areas where there are a lot of second homes with many councils charging council tax premiums of up to 300%.
45% : The chancellor will abolish tax breaks which make it more profitable for second home owners to let out their properties to holidaymakers instead of long-term tenants.
*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.