Should we stop dragging people into tax designed for the rich?
Published 5/19/2023
Published 5/19/2023
Almost five times as many people will soon be paying 40 per cent tax than in the early 1990s, when it was seen as a tax bracket reserved for the rich, the Institute for Fiscal Studies warned this week.It said that fiscal drag triggered by freezing the higher rate tax threshold would pull 7.8million…