Nick Clegg has called for a new emergency “wealth tax” on richer Britons during the economic downturn.
The Deputy Prime Minister said that “people of very considerable personal wealth have got to make a bit of an extra contribution” towards what he describes as the “national effort”.
Mr Clegg will outline plans for his new wealth tax - which he suggests is necessary to ensure that British society remains “cohesive” - at the Liberal Democrats’ party conference next month.
Source: London Daily Telegraph. Read full article. (link)