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P110 ORACLE 110 Sun12 May ITV 2021:57   LABOUR TAX CUT  PLEDGE FOR LOW PAID Labour has launched a fierce attack on Tory tax policy, and renewed its pledge to cut income tax for low earners. Campaign manager Dr Jack Cunningham, speaking on ITV's Walden Programme, promised a new band below the current 25% basic if Labour won the election. But he did not say how quickly Labour would introduce the new tax band. Shadow chancellor John Smith said VAT could rise to 22% if Mr Major's plan to boost public services is to be backed. VAT and National Insurance rises have increased the Tory tax burden, he said. News headlines 101 Sport 130 Next Story Newsfile Sport TV Guide