tax

When Glenn asked the president whether he would eliminate capital gains taxes on home sales — one of Greene’s pet policy proposals — it wasn’t an inquiry; it was a plant.

"Businesses would be thrown into disarray, and the UK would lose billions in economic growth and tax revenues," a Lib Dem spokesman said.

For now, the full impact of the tax hike remains uncertain.

The hope is, reduced taxes will mitigate some of the impact of the US's bruising 50% tariffs on India, leave people with more money to spend and spruce up the domestic economy.

Liberal Democrat deputy leader Daisy Cooper has called for a windfall tax on big banks to fund home loans to install renewable energy systems.