
Ed Balls: Labour would increase tax credits "at least in line with inflation"
Ed Balls has said a Labour government would increase tax credits "at least in line with inflation".
"Not only do I want to increase the 40p threshold in line with inflation - I would like to do more," he told the programme.
The Shadow Chancellor denounced the Conservative tax-lock pledge - prohibiting any increase in income tax, VAT or national insurance for five years - as a "last-minute gimmick" to woo voters.
Labour argues Tory plans to reduce the welfare budget would mean cuts to tax credits.
Duration:
This clip is from
More clips from 29/04/2015
-
Ed Balls: Russell Brand can help 'get message out'
Duration: 01:54
-
Blackley and Broughton: "My vote won't make a difference…"
Duration: 03:52
-
Bath: Good and bad news for Liberal Democrats
Duration: 09:12
More clips from Today
-
Radiohead’s The Bends 30 years on
Duration: 03:45
-
Stephen Graham: Young male violence 'hurts my heart'
Duration: 06:43
-
Chimamanda Ngozi Adichie: AI will make us 'increasingly stupid'
Duration: 07:52
-
Crumbling Germany - why 'it's a bit broken'
Duration: 08:50