Clegg counters Labour tax challenge

Raising income tax allowances is "literally twice as good" as bringing back a 10p rate, Nick Clegg will say as he seeks to counter Labour's challenge on help for squeezed workers.

The Deputy Prime Minister will dismiss Ed Miliband's backing of a "mansion tax" on £2 million properties to pay for a return of the lower rate scrapped by Gordon Brown as a "pale imitation" of his party's policies.
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