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Showing posts with label Adjusting tax brackets. Show all posts
Showing posts with label Adjusting tax brackets. Show all posts

Sunday, May 26, 2024

Ele Ludemann: Tax Freedom Day


Criticism of the government’s plan to allow us to keep a little more of our own money abound.

What most ignore is the impact of inflation and the failure to adjust tax brackets to account for it.

This point is made in an email from the Taxpayer’s Union to mark tax freedom day: