Almost two thirds of pensioners will be paying income tax in three years time because of Jeremy Hunt’s stealth tax raid, analysis has found. Two years, ago the Chancellor said the level at which a person starts to pay income tax would be frozen at £12,570 until 2027/28 – dragging more people into the orbit of the tax every year. At present, 57 per cent of people aged 65 and above are liable to pay income tax. Analysis by the House of Commons Library, commissioned by the Liberal Democrats, suggested that was set to soar to 62 per cent in three years as fiscal drag draws more pensioners in. Mr Hunt’s decision means 1.6 million extra pensioners will be paying income tax by 2027/28 than would have done if the threshold for paying it had risen along with inflation since 2021/22. Of these, around one million live in Conservative seats. Rishi Sunak’s constituency of Richmond, North Yorkshire, is one of the worst affected, with more than 3,600 pensioners likely to have to pay the extra tax. In Mr Hunt’s seat of South West Surrey, almost 3,000 extra pensioners will be dragged into paying. Sarah Olney, the Liberal Democrat Treasury spokeswoman,...