No 10 attacks Miliband’s ‘admission of economic incompetence’

Here’s an interesting thing: Number 10 has released a statement on Ed Miliband’s 10p tax rate pledge. The Downing Street press machine hasn’t been in the habit of doing this sort of official reactive spinning, although this may be in part because Miliband’s speeches thus far have been pretty light on anything you can actually react to. This is what a No 10 spokesman said:

‘This is a stunning admission of economic incompetence from Ed Miliband and Ed Balls – that their decision in Government to scrap the 10p tax rate hurt millions of working families. People will never trust Labour again. The low income working people who lost out the most from Labour’s 10p tax hike now pay no tax at all thanks to this Government’s record increases in the tax free personal allowance. Losers under Labour have become winners thanks to our tax changes.

‘Now Labour’s new homes tax would mean government snoopers in every home to revalue your house for council tax, meaning council tax rises for millions.