Ed Miliband Announces Labour Plans To Re-Introduce 10p Tax Rate

Miliband Reveals Plans To Bring Back 10p Tax Rate

Ed Miliband has announced a Labour government would reintroduce the 10p tax rate abolished by his predecessor, Gordon Brown, potentially benefitting 25m basic tax rate payers.

In a much-anticipated speech in Bedford on Thursday morning, the Labour leader said his plan would be funded by a mansion tax on houses worth over £2m.

He said: "Let me tell you about one crucial choice we would make, which is different from this government.


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