Nick Clegg calls for wealthy to pay additional 'emergency tax'

Household money

Updated on 29 August 2012 | 33 Comments

Nick Clegg thinks the wealthiest should pay extra tax for a limited time. Is he right?

Nick Clegg, the Deputy Prime Minister, has suggested that for a limited period the wealthiest people in the country should pay extra tax.

Speaking to the Guardian, Clegg said a “time limited contribution” from the most well off was needed for the sake of fairness and to ensure we remain a “cohesive and prosperous” society.

He is quoted as saying: “If we are going to ask people for more sacrifices over a longer period of time, a longer period of belt tightening as a country, then we just have to make sure that people see it being done as fairly and as progressively as possible.”

Opponents have accused the Deputy Prime Minister of being a hypocrite as he voted in favour of cutting the top rate of tax from 50% to 45% for those earning more than £150,000 a year.

Is he right? Should the wealthiest pay more in tax? Cast your vote in our poll below.

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