£21 billion - perhaps it is an event !!

Having followed the tax stuff I thought i would release as follows and I assume an Assembly colleague will ask Nick Bourne to square the circle.

PRESS RELEASE - Tory Tax Hypocrisy

Martin Eaglestone, Labour's Assembly candidate in Arfon, has called in to question the logic of Tory tax policy.

Martin Eaglestone said "The news that the Tory party are to consider £21 billion pounds of tax cuts exposes the hypocrisy of their group in the National Assembly who at the very same time are demanding more expenditure from the Welsh Assembly Government. The uncosted wish list published by opposition groups this week is seeking more expenditure. yet we can now see the real Tory agenda is the old story of tax cuts for the most well off".

"This report exposes the contradiction in the Tories position. It is not possible to square the circle of reduced tax and ever higher public expenditure as set out in the wish list. The Tories have to come clean on what they want - tax give aways to the rich or investment in public services".