Record 5 million forced to pay higher rate tax
The Daily Mail highlights a financial concern, reporting that a “record five million people” are now in the higher tax bracket. The paper says there are fury at what it calls a “stealth tax raid … on middle class strivers.” The paper also previews the upcoming mini-budget. The paper says that in October, Rachel Reeves vowed to end the earnings threshold freeze, but there are now fears the chancellor will extend it in her mini-budget.
