Economics
Higher Earners in Britain Are Being Hit by Stealth Tax Increases
- More pulled into higher tax bands as thresholds are frozen
- IFS think tank says system is creating ‘pernicious’ incentives
Buildings stand beside the River Thames in London.
Photographer: Bryn Colton/BloombergThis article is for subscribers only.
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British workers on higher incomes are the victims of damaging “stealth” tax increases, according to the Institute for Fiscal Studies.