HOW many people do you know who live in houses worth more than £2m?

Thought so. The prospect of a mansion tax on properties above this level may be spreading fear and loathing in the mean streets of Chelsea and Kensington, but in Scotland there was only a tiny handful of houses worth this much. Registers of Scotland couldn't even put a figure on it when I asked them yesterday. How many people do you know who make more than £150k a year, about 0.6% of UK earners? Even the First Minister of Scotland only earns £135,000, so he won't be worrying over much about paying 50p tax on earnings above £150k.

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