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Osborne: Labour's mansion tax plans are a 'tax con'
The Chancellor George Osborne has attacked Labour proposals for a mansion tax as a "tax con" during an appearance on ITV's The Agenda.
Last week Labour leader Ed Miliband and shadow chancellor Ed Balls announced the proposals to put a levy on £2 million-plus homes**, which they said would go towards paying for a 10p income tax rate.
Mr Osborne, though, rejected such a policy, telling the programme:
The Agenda with Tom Bradby will be broadcast on ITV at 10.35pm tonight.