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What Is Fiscal Drag? And How Does It Impact Your Taxes?
Автор: Taxd
Загружено: 2026-03-17
Просмотров: 10
Описание:
Fiscal drag is often described as a “stealth tax”, but what does it actually mean?
In this video, Joe explains how frozen tax bands and rising incomes can quietly push you into higher tax brackets, increasing your tax bill without any official rate changes.
Using a simple example, he shows how you could end up paying thousands more in tax over time, even if your pay rise only keeps up with inflation.
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