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Starmer refuses to rule out freeze on tax thresholds

41d ago
World
BBC News
International affairs
Labour leader Keir Starmer has declined to rule out a freeze on tax thresholds. Such a freeze would mean that individuals receiving pay rises could be pushed into higher tax brackets, potentially increasing their tax burden. This policy option is being considered amid ongoing discussions about how to manage the UK's finances and address the cost of living crisis. The move could generate more revenue for the government but may also face criticism for disproportionately affecting lower and middle-income earners.
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