Given that David Cameron has given himself a tiny fund for tax cuts, I’m not at all convinced that cutting stamp duty should be his priority. Are first time buyers really going to think “I’ll vote Tory to save 1% off my home” when the flux of the housing market can take values up or down by this amount on a weekly basis? It simply serves to underline the paucity of the offering. I hope the proposals get better this week.
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