Hello GuySince you know Ruth perhaps you could ask her to explain how mansion tax will make money for the NHS.The Economist is just one paper to detail how £1.2bn might well be raised, but £2.0bn will also be lost due to reduced stamp duty and inheritance tax revenue.I know £1.2bn take away £2.0bn is a tricky sum for Ed Balls, since the answer is negative and I don't think he knows what negative numbers mean, but perhaps Ruth can explain it to us.Is it perhaps a tax that she can say 'someone else will pay' when she's knocking at Labour supporters doors? Or may be she says, 'oh don't worry, well extend the starting rate down to £500k homes, because we know it doesn't make any sense when applied to 'mansions''. May be she even cites the Greek example where mansion tax was introduced in 2008 and by 2013 the government deemed anything worth more that £250k was a mansion and had to pay 1% of its value as additional property tax every year.I'm genuinely interested in this, and since you talk with Ruth on a daily basis, and obviously have read this comment, I'd like an answer please.
Lorne Gifford ● 4203d