Ed Miliband has revealed that Labour would scrap the controversial 'bedroom tax' if his party won the next General Election.
The Labour leader will call the spare room subsidy "a symbol of an out-of-touch, uncaring Tory Government" at his party's conference in Brighton tomorrow.
ITV News Political Correspondent Libby Wiener reports:
Mr Miliband will claim that scrapping 'bedroom tax' can be funded by closing "shady" tax loopholes that help the "privileged few".
He is expected to say:
The bedroom tax – not what the Tories call the spare room subsidy – the bedroom tax: a symbol of an out of touch, uncaring Tory government that stands up for the privileged few – but never for you.
So we will scrap that tax. And what’s more I can tell you how.
We’ll scrap the bedroom tax by abolishing the shady schemes of tax loopholes for the privileged few which the Tories keep inventing.
Tax cuts for hedge funds, the billion pound black hole created with a scheme for workers to sell their rights for shares, and by tackling scams which cheat the taxpayer in construction.
The Labour leader said today that scrapping the spare room subsidy would end "hardship and unfairness for so many families".
Treasury minister Sajid Javid claimed that Mr Miliband's pledge showed he was "too weak to deliver" on his disciplined borrowing promise.
– SAJID JAVID, TREASURY MINISTER
Labour’s first policy commitment, after 3 years of waiting, is more spending on housing benefit, funded by a tax on pensions and more borrowing. That sums up Labour’s record in office and shows it’s still the same old Labour.
Despite promising ‘discipline’ on borrowing, Ed Miliband has shown he is too weak to deliver.
Nothing has changed – it’s the same old Labour. And hardworking people would pay the price through higher taxes and higher mortgage rates.
Opposition to the 'bedroom tax) found.
In a survey of more than 2,000 adults, 79 per cent of Labour supporters said they wanted the policy scrapped, while 65 per cent of voters planning to support the Liberal Democrats in 2015 wanted it to be dropped.