Balls: Postpone fuel tax rise
Ed Balls has called on the Government to postpone the 3p rise in fuel duty, due to come into effect in January, until at least April.
Writing for PoliticsHome’s Central Lobby, the Shadow Chancellor reveals Labour will force a Commons vote on the issue this Monday, and urges Coalition MPs to help stop the duty rise.
“At a time when the cost of living is rising, our recovery is fragile and this out of touch government is giving 8,000 millionaires a tax cut, it cannot be right to hit middle and low income families and small businesses with another tax increase.
“That is why Labour is calling on the Chancellor to cancel January’s planned 3p rise in fuel duty – at least until next April. We will put this to a vote in Parliament on Monday and I hope MPs from all parties will stand up for their constituents and back our call.”
To fund the delay, Mr Balls says the Government should clamp down on a tax avoidance schemes used by employment agencies, which he claims could save the taxpayer up to £1bn.
He also addressed Labour’s record of increasing fuel duty several times when it was in power, saying his party had previously cancelled planned increases “based on the circumstances at the time”.