Labour has responded to Chancellor George Osborne's comments on ITV's The Agenda in which he attacked the party's plans for a 'mansion tax' to fund a 10p tax rate:
– Shadow Treasury minister Chris Leslie
It's laughable for George Osborne to claim his policies are fair when he's giving a huge tax cut to millionaires while forcing millions on middle and low incomes to pay more.
Labour wants action now to kick-start our flatlining economy and help people struggling with the rising cost of living.
George Osborne should back Labour's plan for a new lower 10p rate of tax paid for by a mansion tax on homes worth over £2 million.
This would be fair, help 25 million working people on middle and low incomes and boost spending power in the economy.
The Agenda with Tom Bradby will be broadcast on ITV at 10.35pm tonight.