Mansion tax has been discussed again by Vince Cable

Mansion Tax – and why it’s upset Kirstie Allsopp

Who would it affect? Anyone with a home worth over £2m. Cable wants an annual levy introduced in return for letting the Tories abolish the 50% rate of income tax. Right now this affects anyone earning over £150,000.

I think it’s a bad idea.

There are lots of alternatives.

Why does the council tax banding have to stop a G? There are plenty more letters in the alphabet!

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