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  • 10 months ago
Conservative leader Kemi Badenoch has unveiled plans to scrap stamp duty, calling it “a tax on aspiration.” Badenoch urged Labour’s Rachel Reeves to “steal the policy” and deliver “a budget of good news this November.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00We have a plan. Mel and I have identified 47 billion pounds of savings. We've identified enough savings that will allow us to make sure that we can scrap stamp duty, one of the worst taxes we have ever seen. It is a tax on aspiration. It is a tax on having a family. It's a tax on growing a family. It's a tax on downsizing. We need to get our housing market moving again. That's why stamp duty is our flagship policy.
00:28And Rachel, we're very happy for you to steal this policy. We're very happy for you to scrap business rates just like Mel described. Put it in the budget. Let's have a budget of good news this November, not another budget of bad news.
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