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Stealth tax

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One form of stealth taxation occurs when deductions or exemptions are reduced based on income level resulting in more taxable income, but the same tax rate for a higher total tax. Under 2007 US tax law 1040 Schedule A itemized deductions and the $ 3,400 personal exemption are phased out (reduced) at
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claimed on 17 January, 1998, that "taxes will rise by £7 billion this year ... as a result of a variety of measures introduced or extended by the chancellor Gordon Brown. Mr Brown's 'stealth' taxes are directed mainly at middle-class voters and in particular at middle-class professionals and those
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On 16 September 1996, the National Association of Pension Funds (NAPF) demanded a reverse to a tax on UK pension funds' dividends. Anne Robinson, the director general of the NAPF said pension funds are being "taxed by stealth".
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only made occasional references to stealth taxes, such as on 1 November 2001 in relation to Company Car taxation, 9 November 2000 in relation to Fuel prices, and on 21 October 2002 in reference to Pensions.
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claimed "The Labour stealth tax amounts to £1,500 for every working person". In Parliament on 3 November 1999 William Hague accused the government of levying a £500 million 'stealth tax' that would hit
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The exact phrasing "stealth tax" has been in British political use since 1998 when it was used to refer to tax increases that apparently circumvented the 1997
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manifesto commitment that "over the five years of a Labour government ... there will be no increase in the basic or top rates of income tax".
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levied in a way that is largely unnoticed, or not recognized as a traditional tax. The phrase was generally used in the
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On October 19, 1998 Francis Maude, then Shadow Chancellor (the opposition finance minister) claimed the Chancellor
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Stealth taxes might be recognized as taxation but remain largely unnoticed, as with
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government's behaviour and has been used in British politics since the 1990s.
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was replaced by a council tax), shifting the burden of taxation away from
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was imposing "stealth taxes ... designed to conceal their effect".
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New tax that is collected in a way that is not obvious
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higher income levels ($ 234,600 for married filers).
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on her address to the Conservative Party's rally in
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Index

Double taxation
Privatization
improve it
talk page
Learn how and when to remove these messages
worldwide view
improve this article
talk page
create a new article
Learn how and when to remove this message
encyclopedic tone
guide to writing better articles
Learn how and when to remove this message
Learn how and when to remove this message
tax
United Kingdom
Conservatives
New Labour
New Labour
The Daily Telegraph
Gordon Brown
Tony Blair
Margaret Thatcher
Plymouth
Value Added Tax
Poll Tax
income
regressive
Conservative
National Lottery

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