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Tory low-growth economics ‘clobbering’ workers with biggest tax hike since second world war

THE Tories have been slammed for “clobbering” the public with the highest tax hikes seen since at least the second world war.

Labour criticised the government for overseeing 13 years of low growth and stagnant wages after the Institute of Fiscal Studies (IFS) found taxes will likely have risen to around 37 per cent of national income by the next general election.  

Shadow chief secretary to the Treasury Darren Jones said: “Successive Tory government have overseen 13 years of low growth and stagnant wages.

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