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Deputy PM demands ‘emergency tax’ on UK’s wealthiest

 

The Deputy Prime Minister Nick Clegg has called for an ‘emergency tax’ on the wealthy to help Britain through the economic downturn.

 

In an interview with The Guardian newspaper, the Liberal Democrat leader suggested that those with ‘considerable personal wealth’ should make an ‘extra contribution’ for a limited period.

 

He said this would help to avoid a breakdown in social cohesion, stressing that ‘fairness’ was part of a ‘longer economic war’.

 

‘If we are going to ask people for more sacrifices over a longer period of time, a longer period of belt tightening as a country, then we just have to make sure that people see it is being done as fairly and as progressively as possible,’ he said.

 

He added: ‘If we want to remain cohesive and prosperous as a society, people of very considerable personal wealth have got to make a bit of an extra contribution’.

 

Clegg is expected to outline the plans at the Liberal Democrat’s party conference next month.