Lola said on Monday that there was hope yet:
[Nick Clegg] sayeth, in response to a question about Mansion Tax, something on the lines of 'we think that it is a good thing to reduce taxation on labor and enterprise and increase it on property and wealth'. Now we know he's a bit confused about the factors of production and 'wealth', but really that is pretty good for the Cleggster.
The Cleggster was a little more specific on yesterday's Channel 4 News, video below. You can skip the waffle and crap and start at 3 mins 10 seconds in, the debate about Lib Dem tax and spend policies.
Interviewer: "Who else are you going to clobber if not the richest ten per cent?"
Cleggster: "... if you start at the top, it's how you define the top which I think is at stake here... [interrupted by interviewer] ... what does represent our thinking, unsurprisingly, which is actually what we've decided in this conference where we set out our overall approach to taxation.
"We've been very clear, we actually want to see lower taxes on income and effort and enterprise, but higher taxes on wealth and land."
Yup, he actually said "land", which is a quantum leap for a politician, seeing as "wealth" can mean whatever you want it to mean, it means everything and nothing.
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