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 is asked by Tom Newton Dunn if she would ever ban the Sun from one of her press conferences:

“If you stripped naked and ran in front of me, Tom, I might have second thoughts about it, but apart from that, no.”

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