Sunday, 7 December 2008

Peer leaves Lib Dems

. The Times has this report. It says that Lord Jacobs of Belgravia, a Liberal Democrat peer since 1997 has left branding our tax policy a 'disgrace' and arguing that both the poor and the rich could pay less in tax;

"society wants the rich to pay more, whereas I’m arguing the rich could pay less provided the poorest pay nothing or very little indeed."

Quite how this is to be achieved in the current fiscal climate isn't explained. He said that the Liberal Democrats biggest challenge was "getting heard" and warned that the Lib Dems face the prospect of a squeeze;

"When there’s a real dogfight, and there’s going to be a real dogfight this time, it doesn’t bode well."

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