stealth tax


Also found in: Dictionary, Thesaurus, Encyclopedia, Wikipedia.

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.

stealth tax

a ‘buzzword’ for a relatively obscure TAX increase (e.g. stamp duty) announced with little publicity and explanation, usually to be implemented some months later by which time people generally have ‘forgotten’ about it. See FISCAL POLICY.

stealth tax

a ‘buzzword’ for a relatively obscure TAX increase (for example, stamp duty) that is announced with little publicity and explanation, usually to be implemented some months later, by which time people generally have ‘forgotten’ about it. See FISCAL POLICY.
Mentioned in ?
References in periodicals archive ?
He claims that workers in all areas of the British economy should fear how the Stealth Tax potential of NICs will be exploited after the 7 June election.
It's a good old-fashioned stealth tax from the Brown Treasury, as we can still call it.
This amounts to a stealth tax on local tenants and is simply unfair.
If the changes do go ahead as planned, more than pounds 1 billion a year may be raised from UK businesses through, what some may see as, an additional stealth tax
The Labour government can attempt to force another stealth tax on the country, but the Liberal Democrats in Liverpool will not introduce it here.
Not only is it imperative that such investment is made easier, but that money earmarked is not removed by any stealth tax.
SURCHARGING fines is just another daft motoring stealth tax dreamt up by someone in a lukewarm bath.
WITH reference to your report about National Express considering introducing a pounds 1 charge on all seat bookings (The Journal, January 19), which was described as a stealth tax, can I remind Tony Walker, spokesman for Railfuture, that not only did British Rail charge for seat reservations, but the passenger also had to prove they had a valid ticket for the train they were making the reservation on.
This is yet another stealth tax inflicted by Labour.
It is particularly regrettable that a Stealth Tax like this is being applied now.
But the LGA insisted the "save as you throw" proposals would not be a stealth tax to raise extra cash for councils.