STEALTH taxes are robbing pensioners without them knowing it. With £5bn pounds a year taken from pension funds, the pensions are constantly decreasing in value.
Those workers still paying into one, are now paying higher premiums to receive no increase in pensions. Also, this Chancellor's refusal to follow the tradition of raising the "start to pay" tax threshold in his budgets means we are paying an increasingly larger portion of our income each year.
In the case of married couples, the man has now had his married man's tax allowance taken away. Pensioners are being milked dry.
MRS R COLDWELL, Droitwich.
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