By George Kerevan
LAST week Ed Miliband committed the next Labour government to charging university students in England tuition fees of PS6,000 per annum – exactly double the price under that wild-eyed socialist Tony Blair. Miliband presented his education tax as an example of how “progressive” Labour has become under his leadership. After all, he intends to reduce the current tuition bill by PS3,000 per annum, paid for (he claims) by cutting tax relief on middle-class pension savings.
There is certainly an argument for reducing tax relief for millionaire bankers salting their cash away for a gilded retirement, but it remains to be seen if the small print of this “back of a fag packet” proposal will stand up to closer scrutiny.