Miliband: We will scrap bedroom tax
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In an effort to regain the initiative after a string of revelations about the bitter in-fighting of the Blair/Brown years, Mr Miliband will condemn
the controversial measure as "a symbol of an out-of-touch, uncaring Tory Government".
Labour insists the £470 million expected to be saved by the welfare reform could instead be covered by closing "shady" tax loopholes.
On the eve of his party's conference in Brighton, Mr Miliband will say the "most important issue facing families in Britain" is "the cost of
living crisis".
He will say: "Under David Cameron life is getting harder and harder with prices rising faster than wages in 38 of the 39 months that he has been in
Downing Street, a nd working people are an average of almost £1,500 a year worse off under his Government.
"But we have a Tory-led Government which listens only to a privileged few. Tax cuts for millionaires and tax breaks for hedge funds."
He will say the "bedroom tax" was the product of a Government that "stands up for the privileged few - but never for you".
Mr Miliband will say: "We'll scrap the bedroom tax by abolishing the shady schemes of tax loopholes for the privileged few which the Tories keep
inventing.
Ed Miliband likes to portray himself as a man of the people, emphasising his humble origins as the comprehensive-school educated son of immigrants.
But only days after dodging questions about his personal wealth and sneering at David Cameron’s fortune, it has emerged that the Labour Party leader
is so rich he can afford to live in a £2.3million house – with a £400,000 mortgage.
Land Registry documents also show the Milibands have remortgaged their house in north London with Barclays, the bank he savaged for its role in the
interest-rate rigging scandal.
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