Rumours the chancellor is considering a mansion tax to fill a hole in the Treasury finances show the government has once again misunderstood who and what really keeps the economy moving, writes Chris Blackhurst

The chancellor is seeking ways to raise cash in the face of dire warnings about the state of the public finances

In what has been dubbed a form of 'mansion tax', the Chancellor is reportedly looking to end the exemption from capital gains tax when owners of higher-value properties sell up.

Tax on sale of homes worth over £1.5m may not raise enough to fill £50bn black hole