{"id":112030,"date":"2019-09-27T01:01:17","date_gmt":"2019-09-26T23:01:17","guid":{"rendered":"https:\/\/theworldwidejournal.com\/2019\/09\/27\/boris-johnsons-tax-pledge-would-cost-8bn-a-year-ifs-says\/"},"modified":"2019-09-27T01:01:17","modified_gmt":"2019-09-26T23:01:17","slug":"boris-johnsons-tax-pledge-would-cost-8bn-a-year-ifs-says","status":"publish","type":"post","link":"https:\/\/theworldwidejournal.com\/?p=112030","title":{"rendered":"Boris Johnson&#039;s tax pledge would cost \u00a38bn a year, IFS says"},"content":{"rendered":"<p>Promise to lift threshold for top rate to \u00a380,000 would boost incomes of highest-earning 8% of populationBoris Johnson\u2019s pledge to raise the threshold for the top rate of income tax from \u00a350,000 to \u00a380,000 would cost \u00a38bn a year and boost the incomes of the highest-earning 8% of the adult population, according to the Institute for Fiscal Studies.The policy would take 2.5 million people out of paying higher-rate tax, more than reversing the increase over the past three decades, the tax and spending watchdog said. About three-quarters of the tax benefit would go to the highest-income 10% of households. Continue reading&#8230;<br \/>\nVia: <a href=\"https:\/\/www.theguardian.com\/politics\/2019\/sep\/27\/boris-johnsons-tax-pledge-would-cost-8bn-a-year-ifs-says\" target=\"_blank\">Boris Johnson&#039;s tax pledge would cost \u00a38bn a year, IFS says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Promise to lift threshold for top rate to \u00a380,000 would boost incomes of highest-earning 8% of populationBoris Johnson\u2019s pledge to raise the threshold for the top rate of income tax from \u00a350,000 to \u00a380,000 would cost \u00a38bn a year and boost the incomes of the highest-earning 8% of the adult [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-112030","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/112030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=112030"}],"version-history":[{"count":0,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/112030\/revisions"}],"wp:attachment":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=112030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=112030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=112030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}