Blair to woo first time buyers with new rates - 11/02/2005 ...
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Low inflation and low mortgage rates are some of the key policies that the prime minister Tony Blair will attempt to woo voters with at the forthcoming general election.
Mr Blair today put the economy at the centre the campaign by making it the subject of Labour's first pledge to voters.
In the first of six stops in a nationwide tour to launch Labour's 2005 election pledge card, Mr Blair unveiled a pledge that reads: "Your family better off".
The party pledged to keep inflation and mortgages low, bring more people off benefit and into work, deliver a rising minimum wage and offer more help to first time buyers.
But Shadow Chancellor Oliver Letwin said it was striking that Labour's economic pledge did not say a single word about tax.
"Almost every serious economic commentator says Labour's plans mean big tax rises after the election if Labour are re-elected," he said. "It is not a question of whether Mr Blair will put up taxes if he was re-elected - but which taxes he would put up?
He cited research by the Institute of Fiscal Studies suggesting that Labour's policies would mean £11 billion of tax rises straight away, including a three pence rise in National Insurance or £1,000 extra a year to pay for a typical working couple.
"Instead of woolly and meaningless talk about the economy, what the British public need from Labour is an honest answer to the question: which tax are you going to raise?"
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