Chancellor voted in Budget first above - average tax rise in 40p ##x . opponents said efforts to make increases had left millions out of pocket . Mr Osborne urged reluctant Lib Dems to agreed to higher - rate threshold . Expected to use Tory campaign to say taxes go faster if they vote outright .
Chancellor detailed in Budget first above-inflation tax rise in 40p threshold . Economists said decision to limit increases had left millions out of pocket . Mr Osborne urged reluctant Lib Dems to agreed to higher-rate threshold . Expected to use Tory campaign to say would go faster if they win outright .