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year taboo by raising income tax in her Budget?
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year taboo by raising income tax in her Budget?

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It is more than half a century since a chancellor chose to put up the basic rate of income tax.

It has been called the 50-year tax taboo. It is more than half a century since a chancellor of the exchequer chose to put up the basic rate of income tax - that was Labour's Denis Healey, who delivered his Budget on 15 April 1975. Not once since have... [2669 chars]

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Source: BBC

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