For immediate release
Responding to the Institute for Fiscal Studies’ forecast that by 6p by 2027-28 frozen tax thresholds could equal an increase in both the basic and higher rate of income tax, John O’Connell, chief executive of the TaxPayers' Alliance, said:
“Struggling taxpayers are being squeezed by this stealth raid on their pay rises.
“The government is draining every last drop from ordinary households in order to fuel Whitehall’s insatiable spending addiction.
“The only way to give hard-pressed Brits the breathing room they need is to cut spending and raise thresholds.”
TPA spokespeople are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Media contact:
Conor Holohan
Media Campaign Manager, TaxPayers' Alliance
[email protected]
24-hour media hotline: 07795 084 113 (no texts)
Notes to editors:
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Founded in 2004 by Matthew Elliott and Andrew Allum, the TaxPayers' Alliance (TPA) campaigns to reform taxes and public services, cut waste and speak up for British taxpayers. Find out more at www.taxpayersalliance.com.
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TaxPayers' Alliance's advisory council.
- The IFS laid out their forecasts in policy risks to the fiscal outlook.