Lib Dems re-think mansion tax plans
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- CarolineS
- added this
"The party is also pledging to scrap income tax for four million people earning less than £10,000 a year" how nice of them, now maybe these people earning this amount will be able to feed themselves properly!
The Liberal Democrats have doubled the threshold at which they say homeowners should pay an annual "mansion tax".
Properties will now have to be worth at least £2m to incur a 1% charge - the previous plan was to charge 0.5% a year on a property's value above £1m.
Party leader Nick Clegg said the "principle" remained the same but "we just looked at the figures".
http://news.bbc.co.uk/1/hi/uk_politics/8385575.stm
The Liberal Democrats have doubled the threshold at which they say homeowners should pay an annual "mansion tax".
Properties will now have to be worth at least £2m to incur a 1% charge - the previous plan was to charge 0.5% a year on a property's value above £1m.
Party leader Nick Clegg said the "principle" remained the same but "we just looked at the figures".
http://news.bbc.co.uk/1/hi/uk_politics/8385575.stm
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- groups:
- Community, News and Politics, Current Tonight, Odd News
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- tags:
- Income Tax, Lib Dems, Council Tax, Mansion Tax
