Tuesday, September 25, 2012
Lib Dem plans for successful people
Over last few days leading Lib Dems have proposed a wealth tax, a mansion tax, a tax on second homes in London, higher taxes on top 10% of earners (who curerently pay 55% of income tax), a tax on those earning over £50,000, use of pension funds to underwrite mortgages, and removal of universal benefits from pensioners who earn £1million. And as I understand it are threatening to oppose any proposal to further reduce public spending (even if they believe it's needed to deliver deficit reduction) unless these ideas are agreed to. Not sure whether these ideas have been thought through. But must be trying to say something to those of us who want to achieve success in our lives, work hard to help set up our children, or invest in our properties.