Tax referendum would be a trap says First Minister

The First Minister has said again that he's opposed to the transfer of income tax powers unless the way Wales is funded is first sorted out. Carwyn Jones told me it would be used as 'an excuse' by the Treasury not to reform the way funding is worked out, known as the Barnett formula.

At his monthly press conference, he'd cited the 2011 referendum on lawmaking powers as one of the main achievements of his four years in post despite opposition from within his own party. I asked him if that made him more likely to back an income tax referendum.

His answer is an unequivocal 'no' as you can see in the clip to below. Watch to the end of the clip for his final comment casting doubt on the motives of Conservative and Liberal Democrat politicians who are pushing for an early referendum.