by Stephen Tall on April 3, 2013
Lib Dem Voice polled our members-only forum recently to discover what Lib Dem members think of various political issues, the Coalition, and the performance of key party figures. Some 650 party members have responded, and we’re publishing the full results.
69% – I support the policy and think it will be a vote-winner
9% – I support the policy but think it will be a vote-loser
6% – I do not support the policy and think it will be a vote-loser
9% – I do not support the policy but think it will be a vote-winner
6% – Don’t know
When Vince Cable sprang his idea of the ‘mansion tax’ on the Lib Dem conference in 2009 it grabbed the headlines. Three-and-a-half years later, it’s become mainstream, with even Eds Miliband and Balls now backing it. And by the looks of it an overwhelming majority of Lib Dem members are signed-up for it too. If we package up the four-way split here, 78% of Lib Dems support the ‘mansion tax’ and the same proportion think it will be a vote-winner. Here’s a sample of your comments:
We have to show that we are making the wealthy pay more.
Much easier to do this through increasing the number of Council Tax bands. But better still to go over to site value rating.
People will approve of a tax on large expensive property.
I think if all else were equal it would be a vote winner but not with the rabid press we have in this country
Vote loser in leafy Buckinghamshire
Most people seem indifferent to it as it will in reality raise so little if any extra revenue after costs are considered.
A mansion tax would do a lot of good, but significant harm too. Can’t we thing of a better way of taxing those with large incomes without affecting those in expensive (mainly London) properties but who have small incomes? Is it really so hard to apply the collective brain power of our party to devise a fair solution?
I think a property tax might be OK but 1% is too high
It will need very tight presentation to overcome hostile and misleading right wing press statements.
But Labour just shot us. They’ll now claim we voted against it.
Will need expensive revaluing and will be easily avoided by dividing properties
It’s a gimmick, why not just extend Council Tax bands?
However, we must make clear how it will be collected from households which are cash-poor but property-rich (e.g. the elderly). For these it may have to be reconstituted as a death tax.
depends on how the message is got out.
Land Valuation Tax please.
I would rather see this money accruing to local government, which has received such vicious cuts. This would allow for local authorities to set their own upper limits. But I do believe that it is important to charge those who choose to live here but who arrange their affairs so as not to contribute to the common wealth.
council tax might be a better way of capturing this wealth tax, though
but it is oversimplistic. It should be part of a full review of Council Tax, adding additional bands, not just this one. Also adding a band below A, and a ZerO band for anyone in sub-standard accommodation.. BUT we need to re-affirm that when we are in Govt we will remove Council Tax and introduce Local Income Tax.
Will only be a very slight vote winner-there are far more radical and substantial things we should be proposing
but it can’t be done in isolation we need to start explaining why taxing wealth and not economic activity is a good and liberal thing to do otherwise, like everything we do, it seems like something just plucked out of the blue
It’s not a mansion tax. It’s an income tax on people who own mansions. Income tax should be determined by income, not ownership of mansions or any other assets
The sooner we tax wealth as well as income the better. You can’t move a mansion to an overseas tax haven.
First step to Land Value Taxation so it’s great.