Brown faces another 10p tax rebellion

Oh dear. It looks like Brown and Darling could be facing yet another rebellion over the abolition of the 10p tax band. Last night, No.10 confirmed that there’ll be no compensation for those 1.1 million people who are still worse off as a result of Brown’s Great Tax Con. And, as a result, certain Labour MPs are pushing to defeat the Finance Bill as it passes through the Commons today.

Perhaps we should be grateful that the Government won’t be adding to the £2.7 billion of extra public borrowing that the existing compensation package has already required. But that’s scant reward for those 1.1million taxpayers. Especially as they’re worse-off because of one of the most disgraceful episodes of political grandstanding in recent Parliamentary history.

The buzz is that this rebellion won’t be anything like sufficient to defeat the Bill.  But at least it should keep the 10p tax debacle fresh in the electorate’s collective mind, and could embarrass the Government in the process.