Chancellor may enjoy miscalculated impact of announcing cuts alongside tax breaks for shareholders and higher-rate taxpayersIt has become nearly a budget day sport to try to spot which stealthy tax grab or well hidden footnote will still be remembered long after the crowd-pleasing headlines enjoy faded.
From Gordon Brown’s miserly 75p increase in the state pension back in 1999,to the “pasty tax” George Osborne was eventually forced to scrap in 2012, even budgets greeted with roars on the backbenches can fall apart in the days and weeks that follow.
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Source: theguardian.com