Rich will pay more taxes, say LibDems

THE GOVERNMENT will make the rich pay more taxes, chief secretary to the Treasury Danny Alexander has indicated.

Liberal Democrat Alexander (pictured) told his constituents in the Scottish Highlands that the coalition government was “already raising more from the wealthiest” and will go further this year, the Independent has reported.

“With more austerity now needed, and with grossly excessive top pay awards showing total disconnection from reality, we will need to look at further steps to ensure greater fairness this year, too,” he added.

The LibDems have called for a “wealth tax”, such as a levy on properties worth more than £2m. However, the Conservatives have been more inclined to close tax loopholes – the Independent suggests that this will include rich individuals who invest in high value properties in London but the ownership is registered abroad.

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