The Conservative Chancellor of the coalition, George Osborne, has delighted the Tory Party faithful by ruling out wealth and mansion taxes. “This Party of home ownership will have no truck with it” he said. High value property owners that have never set foot in a truck breathed a sigh of relief. Mr Osborne is in charge of the purse strings of this country and he can play any melody he wants with them. This time it’s music to the ears of the wealthy.
Into the chamber enters the spectral figure that is the government’s Business Secretary, Vince Cable. This latter-day Robin Hood is promoting a petition for a fairer tax system. “I want a new ‘mansion tax’ on the most valuable properties – we propose 1% of the value of over £2million. This will be paid by the wealthiest 0.16% of property owners. If you agree, add your name to our campaign now.” This juggernaut statement struck a discord with the better off while those in the poor seats clapped approvingly. Continue reading “Homes under the Hammer”
Boadicea's Chariot 