Labour Yesterday Pledged to Use Mansion Tax to Reduce Deficit …Yet Today Miliband Says Money Raised Will Fund NHS

Both the BBC and Channel 4 News last night reported that Labour will pledge to pay for an increase in NHS funding with a ‘mansion tax’ on higher value homes. Last year Ed Miliband committed to spending the revenue raised from a mansion tax on the return of the 10p tax rate. And the 10p tax rate isn’t the only thing they have pledged to spend the mansion tax money on.

Just yesterday, Rachel Reeves told the Daily Politics that the money raised would go towards paying down the deficit. Fast forward to 1:30:

AN: “You’re inheriting a deficit of £75 billion.”

RR: “Child benefit is not the only thing that we’ve announced. The tax on properties worth more than two million pounds, repeating the bank bonus tax, increasing the top rate of tax back up to 50p, the winter fuel allowance not going to the richest pensioners, you add all those up, that adds up to several billion.”

Labour have now pledged to spend the mansion tax cash three times already. It’s the bankers’ bonus tax all over again…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Wes Streeting speaking in the anti-Semitism debate says Jewish leaders

“will be horrified by the response of our frontbench to this debate today”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Government Loses Lords Customs Union Vote Government Loses Lords Customs Union Vote
Gallery Guido’s PMQs Sketch: Mission Accomplished Gallery Guido’s PMQs Sketch: Mission Accomplished
Labour Candidate’s Think Tank Defended Ken and Jackie Walker Labour Candidate’s Think Tank Defended Ken and Jackie Walker
May: Labour Took Decision on Windrush Landing Cards May: Labour Took Decision on Windrush Landing Cards
Owen Jones Calls Out Labour Nepotism Owen Jones Calls Out Labour Nepotism
Ruth Smeeth Reads Anti-Semitic Abuse from Corbynistas Ruth Smeeth Reads Anti-Semitic Abuse from Corbynistas
Three Billboards Protest Against Labour Anti-Semitism Three Billboards Protest Against Labour Anti-Semitism
Unemployment Rate Lowest Since 1975 Unemployment Rate Lowest Since 1975
Maitlis on Pointless Syria Vote Maitlis on Pointless Syria Vote
Top Corbynistas Attend Pro-Assad Rally Top Corbynistas Attend Pro-Assad Rally
Rudd Attacks Home Office Rudd Attacks Home Office
Chris Leslie Slams Corbyn Turning Blind Eye Chris Leslie Slams Corbyn Turning Blind Eye
Man Who Wrote Watson’s Legal Advice Gave Interview to Sputnik Praising “Brilliant” Work of Assange Lawyers Man Who Wrote Watson’s Legal Advice Gave Interview to Sputnik Praising “Brilliant” Work of Assange Lawyers
What is Happening in the Commons This Afternoon What is Happening in the Commons This Afternoon
Jewdas Lose £45,000 After eBay Restarts Anti-Capitalist Beetroot Auction Jewdas Lose £45,000 After eBay Restarts Anti-Capitalist Beetroot Auction
8 Home Office Fiascos Under Rudd 8 Home Office Fiascos Under Rudd
Is Bond Really a Remainer? Is Bond Really a Remainer?
Shami: You Can’t Just Punish Assad For Using Chemical Weapons Shami: You Can’t Just Punish Assad For Using Chemical Weapons
Long-Bailey Endorses Momentum Candidate Who Posted Terror Attack Slurs Long-Bailey Endorses Momentum Candidate Who Posted Terror Attack Slurs
Sunday Shows Highlights Sunday Shows Highlights