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Govt split over 'mansion tax'

The Coalition appears split over a "mansion tax." George Osborne told ITV's The Agenda said it will not be next month's Budget, calling it a "tax con". But Nick Clegg told ITV News the Tories "can't keep turning a blind eye to the super wealthy."

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Osborne defends 'fairness' of Government policies

Appearing on ITV's The Agenda, the Chancellor has said "fairness" is at the heart of the Government's economic policy.

In a time like this you expect the rich to pay moreand actually we are forcing the rich to pay more and indeed cracking down onthose who don't pay their taxes.

But fairness is also about having a systemwhere people who work hard and get on can get on in our society. Fairness isabout a welfare system that doesn't pay for people to stay at home.

Fairness isquite a broad concept and people feel the system's unfair but I don't thinkthis kind of tax con is a solution to that.

– George Osborne

The Agenda with Tom Bradby will be broadcast on ITV at 10.35pm tonight.

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