Labour's shadow treasury secretary Chris Leslie has reacted to George Osborne's comments that cutting the top rate of income tax was "not a priority" today by accusing the Conservatives of favouring the rich.
He said: "The Conservative Party's secret plan has now been exposed.
"The Tories have raised taxes for millions but cut them for millionaires. And it's now clear that if they win the election they'll do the same again."
The personal tax allowance would rise to £12,500 under the Lib Dems, funded by a crackdown on tax dodgers, leader Nick Clegg has revealed.
Millions of households would be better off under a Tory government, David Cameron will claim today as he hails "money-back Monday".
A Conservative government would aim to double the number of first-time buyers by 2020, the Chancellor has declared.