Lib Dems demand 'super mansion tax' for £4m homes

The party already advocates a 1% tax on homes worth more than £2m, but party president Tim Farron said those worth more should face an even higher rate, according to the Daily Mail. He said: "You could have various rates within the mansion tax. A £4m property, for example, paying a higher rate." A tax on expensive properties is also backed by the Labour Party, suggesting it could become a reality if the two parties form a coalition after the next general election. Farron told the Evening Standard he wanted to charge people who had properties and wealth at much more than £2m 'a high...