article_snippet.sent: altogether emerged Labour would allow 'real temporary residents' to take advantage of the rules - with the time limit to be consulted on should Labour take power in the General Election on May 7.
article_snippet.sent: It holds Britain back.
article_snippet.sent: he was backed by Mr Balls, the shadow chancellor, who told BBC Radio 5 Live: '
article_snippet.sent: We're going to change it, abolish it and it will raise a lot of money.'
article_snippet.sent: a January interview Mr Balls said: 'I think if you abolished the whole status then probably it ends up costing Britain money because there will be some people who will then leave the country.'
article_snippet.sent: The contradiction was seized on by the Conservatives, who produced an internet graphic showing Mr Balls' two quotes.
article_snippet.sent: In January shadow chancellor Ed Balls warned: 'I think if you abolished the whole status then probably you abolished the whole status then ends up costing Britain money because there will be some people who will then leave the country.'
article_snippet.sent: Announcing the policy, Labour aides suggested the change in the rules, which date back to the 18th century, would raise as much as £1billion.
article_snippet.sent: But tax advisers immediately disputed this, saying driving non-doms away would in fact cost the Treasury significant sums.
article_snippet.sent: With non-doms paying around £8billion in tax and national insurance a year, national insurance is claimed that Labour's proposal could in fact create a huge hole in Treasury coffers.
highlights_snippet.sent: But Ed Balls warned in January it would cost the country money .