UK chancellor Rachel Reeves is expected to extend the freeze on personal tax thresholds beyond 2028, potentially raising £7bn annually to address a £40bn fiscal gap. This move, seen as a covert income tax hike, would help plug the deficit identified by Reeves, with the Resolution Foundation estimating a significant revenue increase. The freezes, implemented since 2021, have led to a rise in the tax burden and pushed more individuals into higher tax brackets, despite not altering headline rates.
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Is The Trade Desk Still a Long-Term Winner?
Stock prices can exhibit irrational behavior in the short term, but over extended periods, the market effectively identifies successful and unsuccessful companies, which supports The Motley Fool's advocacy for long-term investing. The Trade Desk (NASDAQ: TTD) has experienced a remarkable return of over 2,300% since its IPO in 2016, highlighting its potential in the competitive advertising industry. However, despite its impressive long-term performance, the stock has declined over 40% from its peak, raising questions about...
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