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Page 94: The Private Eye Podcast cover image

122: Labour's Freebies and The End of the Peers Show

Page 94: The Private Eye Podcast

NOTE

Luxury Fashion's Tax Burden

The rising costs of women's clothing, particularly in high-end brands, exemplify the financial strain on everyday consumers who cannot deduct these expenses from their taxes. The frustration stems from the disparity between what typical buyers must pay and the privileges afforded to those in the spotlight, such as celebrities who can write off extravagant clothing as work-related expenses. This situation echoes historical practices, like ABBA’s choice of outrageous stage costumes in the 70s, to ensure tax deductibility for their wardrobe, highlighting the absurd lengths to which performers went to navigate tax regulations.

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