Resolution Foundation analysis claims stealth move of freezing tax thresholds will raise £40bn a year
Rishi Sunak’s government is responsible for the biggest income tax rise for decades in a stealth move that will raise £40bn a year, according to new analysis.
Taxpayers in the higher bracket will be handing over £3,700 a year more in tax as a result of a six-year freeze to income tax thresholds by 2027-28, the Resolution Foundation calculated.
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