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OBR warns Healey: Stealth taxes to blame for living standards slump
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OBR warns Healey: Stealth taxes to blame for living standards slump
Stealth taxes are one of three main reasons that British households are set to suffer near-stagnant disposable income growth in the current decade, the government’s budget watchdog has said. Office for Budget Responsibility chief Professor David Miles said that fiscal drag, whereby a freeze on income thresholds pulled more people into higher tax rates as [...]
4 Nov, 16:18
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