The businessmen-funded Policy Diffusion group is drawing their battle lines over the proposed rise in Capital Gains Tax. This followed Cable around yesterday:
“This LibDem policy fails on every conceivable account. It discriminates against elderly savers, reduces economic growth, prevents the build-up of capital, discourages entrepreneurs and will even reduce government revenue rather than increase it, widening the deficit.” Policy Diffusion fought viciously against a hung parliament in April and despite the resulting coalition, they are back. And this time they have trucks…