‘Mansion Tax’ or tax on homes?

I have just received the following from Treasury Minister Priti Patel. She raises a point that MPs across parties have realised may hit some of their constituents very hard. As a Surbiton Hill Councillor for 12 years I was concerned about the impact the proposal might have on some of my residents who bought houses in, say, Southborough, decades ago whose market value has soared while their incomes have often contracted. It’s worth remembering that, whils Ed Milliband is proposing it now, it was originally mooted by the Lib Dem MP for Twickenham, Vince Cable.

‘Let’s stop calling it a “mansion tax”- these are not mansions, these are family homes’ – Tessa Jowell, Labour MP

Ed Miliband’s planned tax on the family home will hit hardworking people across the country – as even his own MPs and Peers admit:

• ‘It will impact disastrously on people…particularly pensioners’ – Glenda Jackson, Labour MP
• ‘It is misconceived…what it does is create a cliff edge’ – Nick Raynsford, Labour MP
• ‘A hopeless and desperate idea’ – Lord Noon, Labour Peer

Show YOUR opposition to this latest Labour tax – sign the petition today.

Labour said only ‘the most wealthy’ would pay their homes tax – but now Ed Balls is saying that everyone who earns £42,000 or more will have to pay up front.

Labour said pensioners would be protected – but Ed Balls admitted this week that pensioners will have to pay the tax after they die.

Labour said only homes worth £2 million would be hit – but already a senior Labour figure has demanded the tax be extended to homes worth £400,000 in the North of England (Claire Reynolds, quoted in The Sunday Express, 10/08/14).

It’s clear that hardworking families across the country would be hit by Labour’s latest tax.

And it’s clearer than ever that a Labour government would mean a return to higher taxes, more debt, and a stalled economy.

Add your name to our petition today and let’s stop Labour’s plans:

Thank you,

Priti Patel
Treasury Minister