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A super “mansion tax” which would clobber London’s wealthy elite could be brought in, a senior Liberal Democrat told the Evening Standard today.
Party president Tim Farron said it would hit the very richest even harder than the controversial levy on homes worth more than £2 million which is already being championed by Lib-Dems.
With Labour leader Ed Miliband also supporting a mansion tax, Mr Farron’s proposal will alarm owners of multi-million pound homes across the capital and South East.
However, it will also delight many Lib-Dem activists preparing for the party’s annual rally in Glasgow which starts this weekend.
Just days ago, property experts Knight Frank warned the levy would have to be imposed on homes worth just over £1.5m to raise the £1.7 billion previously earmarked by the Lib-Dems.
They added that this would nearly double the number of homes affected, from 55,000 to just under 100,000.
But in a wide-ranging interview, Mr Farron floated the idea of different mansion tax rates."
EXCLUSIVE: London's rich could face Lib Dem 'super mansion tax' - London - News - London Evening Standard
A super “mansion tax” which would clobber London’s wealthy elite could be brought in, a senior Liberal Democrat told the Evening Standard today.
Party president Tim Farron said it would hit the very richest even harder than the controversial levy on homes worth more than £2 million which is already being championed by Lib-Dems.
With Labour leader Ed Miliband also supporting a mansion tax, Mr Farron’s proposal will alarm owners of multi-million pound homes across the capital and South East.
However, it will also delight many Lib-Dem activists preparing for the party’s annual rally in Glasgow which starts this weekend.
Just days ago, property experts Knight Frank warned the levy would have to be imposed on homes worth just over £1.5m to raise the £1.7 billion previously earmarked by the Lib-Dems.
They added that this would nearly double the number of homes affected, from 55,000 to just under 100,000.
But in a wide-ranging interview, Mr Farron floated the idea of different mansion tax rates."
EXCLUSIVE: London's rich could face Lib Dem 'super mansion tax' - London - News - London Evening Standard
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