Distributional impact of 10K personal allowance
As you can see from the graph, the idea that the £10 thousand pound personal allowance is about anything resembling […]
As you can see from the graph, the idea that the £10 thousand pound personal allowance is about anything resembling fairness is a nonsense. As the graph below shows, those who benefit most from the policy are those on the upper end of the income scale. The poorest sections of the population barely gain at all – barely £6 a year!
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