Cathy Jamieson MP, Labour’s Shadow Treasury Minister, responding to comments by Danny Alexander on tax, said:

“Nobody will believe a word the Lib Dems say on tax.

"They backed the Tories in giving a huge tax cut to millionaires while breaking their promise not to raise VAT on everybody else.

"Families will be on average £974 a year worse off by next year because of all tax and benefit changes since 2010, according to IFS figures.

"The Lib Dems should come clean about how they would pay for their promises. Will they just hit working families and pensioners by raising VAT again?”

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