Ed Miliband has revealed that Labour would scrap the controversial 'bedroom tax' if his party won the next General Election.
ITV News Political Correspondent Libby Wiener reports:
He is expected to say:
The bedroom tax – not what the Tories call the spare room subsidy – the http://www.itv.com/news/topic/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.
Treasury minister Sajid Javid claimed that Mr Miliband's pledge showed he was "too weak to deliver" on his disciplined borrowing promise.
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.
In a survey of more than 2,000 adults, 79 per cent of 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.