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Should UK Adopt Vince Cable's Wealth Tax on Mansions? [ANALYSIS]

Liberal Democrat business secretary's idea of taxing mansions has as many enemies as friends. (Business Secretary Vince Cable wants to introduce a "mansion tax" on properties worth over £2m (Reuters) ) In the build-up to Chancellor George Osborne's 21 March budget, the two component parties of the coalition government are engaged in a fierce public policy battle.

Quotes from CPPCC members

Following are some quotes from Zhang Qiong, a political adviser, at the annual session of theChinese People's Political Consultative Conference (CPPCC) National Committee onSaturday:

A Tough Bonus Season Looms for Wall Street and New York

The fiscal downturn has hit Wall Street executives where it hurts most --their wallets -- and locales dependent upon their income rank as collateral damage.