January 12, 2026
Tax

what Gen Z thinks of the Budget


This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.

Specification: 

Click to read the article below and then answer the questions:

A tax on ambition: what Gen Z thinks of the Budget

  • State one effect of freezing income tax thresholds on a worker’s disposable income

  • Explain how a frozen student loan repayment threshold could affect the incentives for graduates like Steve to increase their earnings

  • Analyse how an increase in marginal tax rates for workers just above £50,270 could influence labour supply decisions among young professionals

  • Evaluate the likely economic impact of freezing tax and student loan thresholds until 2031 on young, mid-income earners who are attempting to save for housing

Gavin Clarke, Emmanuel College



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