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What has happened to taxes over time

Helen Miller
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The share of national income raised in tax has been slowly edging up in recent decades. Helen Miller from IFS explains what has been happening.

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Publisher The IFS
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Press release
Labour’s income tax rise would hit 1.3 million high income individuals
Today the Labour Party has announced that if elected it would introduce a 45% income tax rate on incomes over £80,000, and a 50% rate on incomes over £123,000. A new IFS Briefing Note analyses the impact of this proposal if it were introduced UK-wide immediately.