Chris Leslie MP, Labour’s Shadow Chief Secretary to the Treasury, responding to David Cameron’s article in The Times, said:

“David Cameron will be judged on his actions, not his words. He’s raised taxes 24 times. While millionaires have been given a huge tax cut, ordinary working people are paying more because he raised VAT and cut tax credits.

“Independent figures from the IFS show that by next year families will be £974 a year worse off because of tax and benefit changes since 2010. And David Cameron still won’t rule out raising VAT again on families and pensioners to pay for £7 billion of unfunded tax promises.

“Labour’s economic plan will introduce a lower 10p starting rate of tax for 24 million people on middle and low incomes and cut business rates for small firms. We will tackle tax avoidance and introduce a mansion tax to invest in our National Health Service. And to balance the books in a fairer way we’ll reverse David Cameron’s £3 billion tax cut for the top one per cent of earners.”

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