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Tories keen to cut tax for rich again, says Ed Balls

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Shadow chancellor says Conservatives' economic plan is to cut taxes at the top and hope wealth will trickle down

The Conservatives are "champing at the bit" to cut the top rate of tax for Britain's wealthiest people further to 40p in the pound, Ed Balls will say in a speech in the marginal constituency of Bedford on Wednesday.

The shadow chancellor will argue that the Conservatives' real agenda is to return to power in order to cut taxes for the richest.

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