Let Both Coalition Parties Do Battle

Prepare for both coalition parties to commence battle.

At the Lib Dem conference (around the end of this month) the party will considers the proposals for wealth taxes. Earlier this months, Nick Clegg  attempted to shape that debate by floating the consideration of a new wealth tax (see Lib Dems Tax Unearned Wealth). 

Nick Clegg addresses the Conference Rally in Bournemouth. (Photo credit: Wikipedia)

Prime Minister David Cameron and Chancellor George Osborne are under growing pressure as their flagship austerity plan fails to stimulate growth.

Osborne is dismissive of Clegg's proposal. He says the top 1% of earners contributes the most. So he will monitor their debate with almost detached interest.

All sides are now spoiling for a fight. Let battle commence.