The 1937 Buxton Liberal Party Assembly:
This Assembly of the Liberal Party, indignantly aware of the grossly unequal distribution of property in this country, believes that the greatest possible measure of personal ownership, with the independence and security it brings ought to be enjoyed by all. It also believes that the opportunities for a full life hitherto open only to the rich should be placed before all. It recognises these twin ends as the inspiration of its domestic policy and pledges its whole strength in urging them on the nation in far-reaching reforms to achieve them.
The 1959 Liberal Party Manifesto:
People Count . . . This traditionally private-enterprise country must pull together to bring about ownership for all.
Liberals want co-ownership and co-partnership schemes encouraged through tax-reliefs. They want special tax-free employee savings accounts schemes brought in. They want more people to be able to buy their own homes. Schedule A income tax and Stamp duty must be abolished. To encourage mobility of labour, Liberals want temporary unemployment allowances increased.
The February 1974 Liberal Party Manifesto:
To finance all these proposals, there must be a radical redistribution of income and inherited wealth, the credit income tax proposals being the principal instrument for the former, and the Liberal proposal for a Gifts and Inheritance Tax, to replace Estate Duty and related in its incidence and rate to the gift or legacy and the wealth of the recipient, for the latter.