Reeves to hit 100,000 high-value properties with mansion tax in Budget

Contributing sentiments towards policy:

57% : Ms Reeves is grappling with weak economic growth and persistent inflation as she prepares the Budget, with a "smorgasbord" of smaller tax increases now expected after the scrapping of the income tax plans.
54% : Some 2.4 million properties in the top three council tax bands - F, G and H - will be revalued to determine which will be subject to the surcharge, which will be worth an average of £4,500, according to The Times.
53% : The chancellor has reportedly scaled back plans for a property tax but is now expected to apply a tax to homes worth more than £2 million in a move which could raise between £400m and £450m for the Treasury.
53% : The lead up to the fiscal event has been rife with rumours about what could be to come, including the expectation - and then apparent U-turn on - an increase to income tax.
50% : Follow our live updates on the Budget HERE Earlier reports had suggested that a mansion tax would apply to homes worth more than £1.5million and would have pulled tens of thousands more households in.
48% : An extension of the freeze on income tax thresholds is also among rumoured measures and would see more people dragged into paying tax for the first time or shifted into a higher rate as their wages go up.
46% : "I'm sorry that people have been anxious about all the speculation, it's been as frustrating for me and the chancellor as it has for everyone else." Asked whether he thought Ms Reeves had added to the uncertainty with her apparent laying the groundwork for an income tax rise earlier in the autumn, Mr Kyle said: "We do interviews like this and we are asked about measures and there is intense pressure on us to be open about the direction of travel.
45% : Among the "smorgasbord" of tax rises which are expected, Ms Reeves is also set to scrap the two-child benefit cap.
44% : She is thought to be considering bringing in a pay-per-mile tax for electric vehicle drivers and limiting how much workers can stash in their pensions under salary sacrifice schemes before paying national insurance.
41% : The rumours around a mansion tax are one of many that have hit the headlines ahead of the chancellor's speech on Wednesday.
41% : She is also set to encourage the government to make "hard choices" and avoid "death by a thousand taxes".

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