article_snippet: For those who live in particularly valuable homes, new property taxes could be a sign of things to come with Labour and the Lib Dems going into the General Election with proposals to hit owners of expensive homes.
article_snippet: the Lib Dems want a new annual ‘mansion tax’ on homes worth more than £2million, while Labour has proposed something similar in a policy that has angered some within the party, ranging from Lord Mandelson to MP Diane Abbott.
article_snippet: Labour London MPs are angry at the prospect of money being raised from families in the South East through the new property tax to subsidise services, such as the NHS, in Scotland.