Article 6FC3X Rishi Sunak ‘responsible for biggest income tax rise in at least 50 years’

Rishi Sunak ‘responsible for biggest income tax rise in at least 50 years’

by
Ben Quinn Political correspondent
from World news | The Guardian on (#6FC3X)

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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