Property experts have hit out at Labour Party leader Ed Miliband's plans to impose a 'mansion tax' to channel extra funding to the NHS in England claiming it is deliberately avoiding council tax revaluation. The call follows Mr Miliband's speech to the Labour Party conference in Manchester on Tuesday in which he said revenues levied on properties worth more than £2m would be set aside as extra funding for a £2.5bn NHS Time to Care Fund in England. Such a tax has been a long-term policy goal of coalition partners, the Liberal Democrats, whose 2010 manifesto called for a yearly tax of 1% of the value of a property worth more than £2m.
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