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Deputy Prime Minister says he wants to reduce taxes on labor and effort, but a greater contribution of the rich

Nick Clegg said it will be a wealth tax of a Liberal Democrat priority between now and the next election, saying it will be a way to attack the glass floor to allow children of the elite privilege of being protected.

In a speech to Demos on the "open society", he said he wanted to go further in an open society approach to taxation - which means "lower taxes on labor and exercise a greater contribution to wealth. "

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said it was a mansion tax, restrictions on tax breaks for retirement or a share of capital gains tax.

said Monday: "Wealth inequality is far greater than income inequality and the expansion of the lower third of households have only 3% of the wealth of the cellar upper third of the nation three-quarters of it ...

"This wealth inequality waterfalls, and over the generations, which could widen the gap opportunity."

called "intergenerational social mobility is the primary social policy objective of the coalition."

also stressed their commitment to take action on executive compensation by giving shareholders more power.

proposals to increase transparency in the state must be extended to allow freedom of information to be extended to non-state institutions exercising a public function, such as Network Rail, said .

The briefing before the speech focused on the reform of the Lords and the opposition of several years of fiscal Clegg marriage, but said the support of the importance of the intervention is less individual policies and proposals for the establishment of a definition of modern liberal democracy, as the defender of an open society.

also tried to distinguish between job status, belief in conservative non-state institutions of society such as family and belief in the liberal citizen.

said that the fundamental beliefs of the open society is the "social mobility, political pluralism, civil liberties, democracy and internationalism."

said the company was in a critical moment, and potentially dangerous, time -. Both in the world in general and the United Kingdom

"History teaches us that in times of deep economic uncertainty, companies are becoming more exposed to the forces of division - populism, insularity, separatism, an" us against them " mentality, "said

"Instead of staying open to the world of the future, companies can begin to withdraw and lose confidence in progress.

He said "private companies - opaque, insular, hierarchical - is the kind of society my party opposed to more than 150 years."

Although he said aspects of the "Great Society" of David Cameron were consistent with his "open society", including their shared skepticism of the state, said champions of the open society are not aware that institutions and society can be oppressive social, leading to a culture of intolerance.

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