Tuesday, 23 September 2014

The mystery of Ed Miliband's mansion tax

Labour leader Ed Miliband today announced plans to put an extra £2.5bn into the NHS should he get elected next May.

He said the money would be paid for with a mansion tax.

But Ed Miliband’s mansion tax revenue seems very much a mystery.


This is the third time in just two years that Labour has spent the mansion tax revenue. Last year Ed Miliband said the revenue would fund a 10p tax rate. Yesterday Rachel Reeves told Labour Conference it would be used to draw down the deficit. And today Ed Miliband said that it will go back into the NHS.

With every new announcement we are reminded why Labour can’t be trusted with public money. Their promises are either unfunded, or use money that’s already been spent many times over.

Labour can’t be trusted with your money and despite Ed Miliband’s claims, Labour can’t be trusted on the NHS.

Under Labour the number of NHS managers rose six times faster than number of nurses, executive pay grew by 120 per cent and the bill for managers and administrators rocketed from £3bn to £7bn.

Labour's record in government shows that time and time again they fritter money away.