Monday, 2 December 2013

Labour Mayoral Candidates Cast Doubt on Mansion Tax

Three Labour figures tipped to run as London mayor have expressed reservations about their party's proposed "mansion tax" – a key policy championed by the shadow chancellor, Ed Balls. Dame Tessa Jowell, Diane Abbott and David Lammy, who are all possible candidates in 2016, raised doubts about the charge on houses worth more than £2m which the party has pledged to introduce to pay for a lower 10p starting rate of tax. They were asked about the issue as they appeared alongside a fourth fellow Labour mayoral hopeful, shadow infrastructure minister Lord Adonis, at an event hosted by Progress magazine about how Labour can win votes in London in 2015. Read more on the Guardian website.

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