Tories and Lib Dems Cutting Deals

In the UK, the Tories and Lib Dems are hammering out compromises in order to get a coalition running. Both sides have seized the opportunity to bring their policies and ideas to fruition.

For example, the Tories have “dropped their idea to increase the threshold for inheritance tax to £1million – and the Lib Dems will be free to vote against Conservative plans for tax breaks for married couples. In return, they have dropped their mansion tax initiative, which would have hit owners of homes valued at more than £2million.”

Election 2010: Tories and Lib Dems Hammer Out Compromises to Get Coalition Running, DailyRecord.co.uk, May 12, 2010.

Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this to my attention.