Miliband calls for 10p tax rate

The Labour leader Ed Miliband has said he would use the next Budget to bring back the 10p rate of income tax, paid for by a "mansion tax" on homes worth more than £2m. The 10p tax band was controversially scrapped by Gordon Brown.

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Your views on Miliband's mansion tax plans

After Ed Miliband announced that Labour will levy a 'mansion tax' on houses worth more than £2 million if they win the next election, we asked for your opinions on the ITV News Facebook page.

Jean Ballard: Why £2 million, why not houses over £500 thousand, then it includes all the MP's and well off.

Sam Greaves: I think its fair if this happens because if the poor should pay bedroom tax, the rich should pay mansion tax. However in this day and age, can we believe them?

Colin Simpson: Yes, it is right. The rich are not paying their fair share to help with the economic crisis. Some millionaires are tax evaders.

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