Clegg urges rich tax on wealthy Britons
Source: Agencies |
August 30, 2012, Thursday
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Print Edition
Print Edition
BRITISH Deputy Prime Minister Nick Clegg yesterday called for an emergency tax on the nation's wealthiest people amid an "economic war."
Clegg said Britons of "very considerable personal wealth" must make a greater contribution toward the "national effort," as Britain tackles a longer-than- expected recession.
"If we are going to ask people for more sacrifices over a longer period of time, a longer period of belt tightening as a country, then we just have to make sure that people see it is being done as fairly and as progressively as possible," he said in a Guardian newspaper interview.
Liberal Democrat leader Clegg said he is embarking on a battle to persuade his Conservative Party coalition partners of the need to ensure that the rich shoulder a greater burden of the economic pain.
"If we want to remain cohesive and prosperous as a society, people of very considerable personal wealth have got to make a bit of an extra contribution."
Clegg indicated that a potential rich tax would fall on wealth, rather than income, because there are no plans to change the new 45 pence (71 US cents) top rate of income tax.
Clegg said Britons of "very considerable personal wealth" must make a greater contribution toward the "national effort," as Britain tackles a longer-than- expected recession.
"If we are going to ask people for more sacrifices over a longer period of time, a longer period of belt tightening as a country, then we just have to make sure that people see it is being done as fairly and as progressively as possible," he said in a Guardian newspaper interview.
Liberal Democrat leader Clegg said he is embarking on a battle to persuade his Conservative Party coalition partners of the need to ensure that the rich shoulder a greater burden of the economic pain.
"If we want to remain cohesive and prosperous as a society, people of very considerable personal wealth have got to make a bit of an extra contribution."
Clegg indicated that a potential rich tax would fall on wealth, rather than income, because there are no plans to change the new 45 pence (71 US cents) top rate of income tax.
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