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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: Labour's mansion tax will soon be homes tax

Labour is plotting to create a new tax with their mansion tax proposals, Chancellor George Osborne has said during an appearance on ITV's The Agenda.

He told host Tom Bradby: "They say it's a mansion tax before an election and very quickly it becomes a homes tax on many people who are not living in mansions at all."

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

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