And so far in this campaign, Miliband has distanced himself from New Labour by adopting a series of left - wing policies: abolishing charitable status for private schools; extending the tax on bankers» bonuses; supporting the introduction
of a mansion tax on # 2m houses and a so - called Robin Hood tax on financial transactions.
Earlier this year, Mr Cable was still arguing that a one per cent tax on property in excess of # 2million was his preferred
form of mansion tax.
«As soon as the result was announced and
fears of a mansion tax were allayed, these clients pressed ahead with their plans.
Insisting the rich can afford to pay more, de Blasio has also called for the
imposition of a mansion tax on expensive homes in the city.
Of course, it's easy to strike out at any jewellery tax, but a stronger
variety of mansion tax is a different matter altogether.
George Osborne has ruled out Vince Cable's preferred
option of a mansion tax - partly because it would require an expensive new collection system.
Shadow Chancellor Ed Balls has indicated that there would not be a cap on the maximum
amount of mansion tax payable.
When Nick Clegg raised the
subject of a mansion tax with David Cameron at a Chequers meeting, the Prime Minister appeared to be delighted.
De Blasio put forward a
version of the mansion tax proposal, which requires approval by the State Legislature and Governor Andrew Cuomo, in mid-2015.
The Chancellor had been in favour of some «watered - down»
form of a mansion tax, but the Prime Minister was sensitive to the fact the tax would hit natural Tory supporters the hardest, and would not consent to it.
I make it 21 to date, including tax - cuts for low - earners, the
introduction of a mansion tax, a major council house - building programme, cuts to universal benefits for wealthy pensioners, rent reforms for private tenants, a living wage for public sector workers, and an elected House of Lords.