Summary
GORDON Brown will have to put a penny on income tax to make up for a Pounds 2.5billion shortfall in his accounts, a leading economic think-tank predicted yesterday.
The Institute for Fiscal Studies accused the Chancellor of being 'over optimistic' in his financial forecasts.See the full content of this document
Extract
Taxes 'Must Rise to Plug Pounds 2.5bn Hole'
With the help of bankers Morgan Stanley, the IFS has pored over the projections issued by the Treasury in last mont...
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