Sunday, Dec 09, 2012
Follow the money
DAVID Cameron personally vetoed plans for a new property tax after donors threatened to ban Tory party fund-raising events from their mansions.
Super-rich donors warned the Prime Minister that if he taxed their London townhouses and sprawling country estates they would refuse to host dinners to boost the Conservative Party's coffers.
A senior insider revealed: "The message went out - tax our mansions and you can forget us ever holding another black tie event for you at our homes ever again.
Lib Dem peer Lord Oakeshott accused Cameron and Osborne of "performing a hand-brake turn on donor orders".
He told the Sunday Mirror: "The Tories are too scared to make their backers pay more than a £26-a-week council tax on their multi-million pound Mayfair mansions."
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