Over at the New Statesman, LDV’s Thursday editor Nick Thornsby has looked at Ed Miliband’s proposal to cut taxes for the low-paid funded by introducing the Lib Dems’ mansion tax proposal. Far from being upset by the plagiarism, Nick argues that Lib Dems will be “secretly rather happy” for two reasons:
First, it shifts the political debate to the area where the Lib Dems are at their strongest: tax policy. For whatever else the party has done in government, it is the implementation of a £10,000 tax-free allowance that is cutting through the fog and being recognised by voters as a distinctive achievement. In the run-up to the next general election, Liberal Democrats will want to talk of little else. …
The second reason Liberal Democrats will be pleased with the speech is Miliband’s embrace of a mansion tax. … The mansion tax is embedded in the minds of the public as a Lib Dem policy. It is unlikely that a random conversion to the merits of the idea will convince voters that if they want a mansion tax they should vote Labour. So by adopting the policy Miliband’s main achievement is to remind voters of the mansion tax, and to increase its importance in the political debate over taxation. Why would Liberal Democrats not welcome such a boost for one of the party’s most distinctive policies?
You can read Nick’s piece in full here.
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