Wonk Watch: LibDem Think Tank Backs Business Tax Breaks

LibDem wonk shop CentreForum is a breeding ground for SpAds and bag-carriers. It’s not all mansion taxes and jewellery duty for these yellow sages, believe it or not they are now actually calling for tax breaks for small and medium sized enterprises.

Proposals include ditching stamp duty on all share transactions, allowing ISAs to include shares traded on SME equity markets and reducing capital gains tax on shares. Cable dryly describes the report as “interesting”. What’s the betting we never hear of it again…



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GuidoFawkes Quote of the Day

Liz Kendall at the Press Gallery lunch:

“We lost our shadow chancellor, but most people thought we had lost our balls before the election.”

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