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Hidden Tax
(redirected from Stealth tax)

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
Hidden Tax
A tax that is built in to the price of a good or service that the buyer does not see. That is, rather than being added at the end of a transaction, like a sales tax, hidden taxes are included in the price. Examples of hidden taxes include corporate taxes, which can cause companies to raise their prices so as not to reduce profit, and VAT, in which taxes are added at every stage of production. See also: Inflation tax.


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I WOULD like to let readers know how our MPs voted last week in the Commons on keeping the 2% above inflation busting stealth tax mechanism on beer.
They claim the middle-classes face a stealth tax because of the Governments's failure to increase the income tax band at the same rate as wage inflation.
THE middle-classes face a stealth tax because of the Government's failure to increase the income tax bands at the same rate as wage inflation.
 
 
 
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