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The Tax Grab Behind H P I

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We'd like some of our £7.5bn back, Gordon

12 March 2006

THERE is no doubt that Labour Ministers, and Gordon Brown in particular, have rubbed their hands with glee over the past nine years as the housing market has boomed.
Soaring house prices have meant a rich booty for Labour in the form of rapidly rising payments of both stamp duty and inheritance tax.
And let's not forget the fact that before Brown walked through the door of 11 Downing Street to much fanfare in 1997, the maximum rate of stamp duty was 1%, not 4% as it is today.

No wonder Gordon loves HPI! The more the better mateys........ :lol:

Edited by Realistbear

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  • 301 Brexit, House prices and Summer 2020

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      • down 5% +
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