Labour has created a tax regime where the poorest pay a bigger slice of their income than the richest. Polluters are allowed to get away with harming our environment without paying for the clean-up. And we lose as much as £40 billion a year to tax dodgers.

This has to change.

The Conservatives tell us that we are all in this together whilst promising tax cuts for millionaires and then say that there might be tax rises for everyone else.

So much for their kind of change.

Today, we have pledged to put a transformation of Britain’s unfair tax system at the heart of the Liberal Democrat campaign for a fairer Britain.

Our plans will see tax cuts for millions of people, paid for by closing tax loopholes, making polluters pay and introducing a ‘mansion tax’ on homes worth over £2m.

For more details of our policy proposals, see here. And for a video from the launch, see here.

What we are proposing is a radical rebalancing of the tax system with fairness at its centre. This is a real and genuine change that would make a huge difference to the lives of people up and down the country.

Best wishes,

Nick Clegg MP
Leader of the Liberal Democrats

Vince Cable MP
Shadow Chancellor and Liberal Democrat Deputy Leader