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Parties clash after PM's 40p hint

Parties clash after PM's 40p hint

The Conservatives and Labour have again clashed over their 2015 tax plans, after David Cameron indicated that he would like to raise the top tax threshold.

Speaking at a PM Direct event in the north west yesterday, the Prime Minister said: "I would love to make more promises. I understand the problem with the 40p rate kicking in while people aren't earning a lot of money but I have to look very carefully at the books before I can make any promises about it."

Shadow Chief Secretary to the Treasury Chris Leslie accused Mr Cameron of offering "vague talk of jam tomorrow".

Meanwhile, the Tories continued to press Labour over a recording featuring Shadow Health Secretary Andy Burnham suggesting the Opposition was holding “internal party discussions” over a new tax on estates, with Conservative chairman Grant Shapps branding it "a secret tax bombshell".

Green Box: Parties clash after PM's 40p hintClick to open

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