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  • The Oldie

    Tax squeeze gets tighter

    Feb 09, 2022 2 minutes

    Fiscal drag is not the Chancellor of the Exchequer’s fancy-dress costume of choice. Still, he embraces the get-up because it enables him to take more from us in taxes without increasing the actual rates of tax.

    More people are paying tax, or paying a higher rate of tax, even though their earnings have stayed the

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