Sat Times 24640

[panofsky]

10a Such a drag, dealing with tax (6) -i-c-l is this fiscal? And how does it parse?

[Lie-in King]

Yes, 'Fiscal', as in "Fiscal drag" -

"...means by which the Inland Revenue automatically benefits from any increase in earned income without any actual increase in taxation rates" (Chambers)

[panofsky]

Thanks Lie-in-King - I'd never heard that.

[Lie-in King]

Happy to help :-)