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The Masked Tulip

Stamp Duty Break Could Be On Way For Wales

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FIRST Minister Carwyn Jones will today enter key talks over Wales's funding that could ultimately see the housing market benefit from a tax holiday.

He will meet the Chancellor of the Exchequer George Osborne to press the case for reform of the way Wales is funded, including gaining the ability to borrow money and possibly devolving house sale and air travel taxes.

...

Mr Jones told the Assembly a fortnight ago: "If we had control over stamp duty, it would certainly be our intention to examine a stamp duty holiday or a temporary reduction in order to boost the housing market and to ensure that we see the construction industry start to move away from the position we are in."

http://www.thisissouthwales.co.uk/Stamp-duty-break-way-Wales/story-12889474-detail/story.html

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He will meet the Chancellor of the Exchequer George Osborne to press the case for reform of the way Wales is funded, including gaining the ability to borrow money and possibly devolving house sale and air travel taxes.

Does he also include in his plan how he intends to repay the money borrowed, or is that someone else's problem?

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Does he also include in his plan how he intends to repay the money borrowed, or is that someone else's problem?

This is British Labour in Wales. Does that answer your question?

Edited by Caius

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Well, there's not much English Labour left. They should perhaps change their name to Celtic Labour.

They call themselves Welsh Labour but they still are told by British Labour what to do. I prefer to call them Labour in Wales. They will do everything possible not to gain proper tax raising powers and in effect, become more responsible. How much would 'House sale' taxes raise roughly?

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Does he also include in his plan how he intends to repay the money borrowed, or is that someone else's problem?

Can I KICK it? Yes you CAN!

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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