Stealth tax: Difference between revisions
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Latest revision as of 19:20, 28 January 2024
Tax - government finances.
Stealth tax is a derogatory term for taxation, or changes in taxation, designed to go unnoticed by voters or taxpayers.
For example, indirect taxes or changes in tax-free allowances, or not increasing tax-free allowances in line with inflation.
Contrasted with more noticeable direct taxes, or direct tax rates, for example on personal income or corporate profits.