Nick Clegg (Deputy UK Prime Minister) demands emergency tax on Britain's wealthiest
Source: UK Guardian
Britain's wealthiest people should face an emergency tax to avoid a breakdown in social cohesion as the country fights an "economic war" caused by a longer than expected recession, Nick Clegg has said.
The intervention by Clegg, who is calling for a "time limited contribution" from the richest in society beyond the party's current policy for a mansion tax, came as the deputy prime minister marked his return to Britain after a two-week family holiday in Spain. Tory eyebrows are likely to be raised by Clegg's declaration that the rich must pay more as Britain copes with an economic downturn that is far deeper than anything he expected when he took a "collective gamble" to form Britain's first peacetime coalition in 70 years.
"What people once thought might have been a short, sharp economic battle, a short, sharp recession, is clearly turning into a longer-term process of economic recovery and fiscal restraint. That begs big questions."
The deputy prime minister said that new taxes should be drawn up which go beyond the Lib Dems' existing proposal to impose a mansion tax on properties worth more than £2m. Clegg fears for the cohesion of Britain unless the rich do more to help tackle the deficit.
Read more: http://www.guardian.co.uk/politics/2012/aug/28/nick-clegg-emergency-tax-britains-weathiest
If only you had any political credibility whatsoever Clegg. An empty promise that will almost certainly not be implemented, much like every other Lib Dem policy.
harmonicon
(12,008 posts)What a joke he is.
Lydia Leftcoast
(48,217 posts)Who would have expected that?
Blue Idaho
(5,057 posts)Anyone who has spent time in the UK will tell you its an unmitigated disaster.