Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

T_i_B

(14,745 posts)
Wed Aug 29, 2012, 03:04 AM Aug 2012

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.
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Nick Clegg (Deputy UK Prime Minister) demands emergency tax on Britain's wealthiest (Original Post) T_i_B Aug 2012 OP
Yep. Clegg is in no position to demand anything. harmonicon Aug 2012 #1
Gee, you mean austerity isn't working? Lydia Leftcoast Aug 2012 #2
Yup Blue Idaho Aug 2012 #3
Latest Discussions»Latest Breaking News»Nick Clegg (Deputy UK Pri...