Alert on Labour tax ‘con trick’

Daily Express - - NEWS - By Macer Hall Po­lit­i­cal Ed­i­tor

GE­ORGE Os­borne will warn vot­ers to­day that Labour is to spring an­other tax “con”.

The Shadow Chan­cel­lor will sug­gest that Gor­don Brown may be plot­ting to re­veal a sur­prise tax cut next month.

But he will claim the mea­sure is a bribe that Labour in­tend to snatch back with huge tax rises if they win the next elec­tion.

He will call for re­spon­si­ble fi­nan­cial man­age­ment through the down­turn to pave the way for a long-term re­duc­tion in taxes.

Mr Os­borne’s warn­ing is due in a speech at the Lon­don School of Eco­nomics.

It will fol­low a hint by Chan­cel­lor Alis­tair Dar­ling that he wants to freeze or even cut taxes dur­ing the down­turn by in­creas­ing bor­row­ing. Mr Os­borne will sav­age Labour’s call for state spending to counter re­ces­sion, say­ing: “Talk of a spending splurge tries to give the im­pres­sion of ac­tiv­ity and action, when in fact it is the road to eco­nomic ruin.

“It may even in­volve an­other 10p-style tax con, but un­der Gor­don Brown every­one knows we will have higher taxes for many, many years to come.”

RE­SPONSE: Os­borne

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