Emergency wealth tax could hamper recovery, Osborne warns
Chancellor responds coolly to Nick Clegg's proposal to impose a
time-limited emergency tax on Britain's wealthiest   •
theguardian.com,   • Jump to comments () During a visit to
Sunderland, chancellor George Osborne said Nick Clegg's plan for
an emergency tax on Britain's super-rich might drive wealth
creators away Link to video: George Osborne warns emergency tax
could endanger recovery  George Osborne has responded coolly to
a plan from Nick Clegg to impose an emergency levy upon
Britain's wealthiest, warning it would endanger economic
recovery.  As a prominent Tory backbencher dismissed the deputy
prime minister's proposal that the rich should face a time-
limited tax to avoid a breakdown in social cohesion as a pre-
party conference "easy clap line", the chancellor said the
wealthy already paid more tax and the country should be wary of
driving away wealth creators.  During a visit to Sunderland,
where he announced an extension to the north-east ent