On Saturday I was joined by several TaxPayers’ Alliance supporters when we held the Cardiff leg of our ‘Stamp Out Stamp Duty’ campaign to inform local taxpayers how this particular tax affects them. Many people I spoke to agreed that Stamp Duty is a horrible tax and discourages individual as well as overall economic growth. Continue Reading
Earlier this week we launched our new ‘Stamp Out Stamp Duty’ campaign. We will be holding a stall in Cardiff tomorrow to inform local taxpayers about what this punitive tax means for young people trying to get onto the housing ladder, for growing families and for Welsh jobs. The stall will be located near Aneurin Bevan’s statue, Queen Street, and we will be there from 11.00 am. If you are in Cardiff tomorrow, please come and say hello.
There have been recent calls for Stamp Duty, like many other taxes, to be devolved to the Welsh Government. This is in large part due to the Silk Commission and local politicians from all parties wanting to be able to set local taxation rates to – in their words – help the economy.
A recent report by the RAC reveals that Bath and North East Somerset (B&NES) council are raking in just over £5 million in profit from its car parks, making it the ninth most profitable parking regime in the country outside of London.
‘For many local authorities, parking charges are a nice little earner’ says RAC Foundation director Stephen Glaister. ‘The bottom line is that hundreds of millions of pounds are being contributed annually to council coffers through parking charges and the drivers who are paying them have a reasonable expectation to see the cash spent on improving the roads.’ Continue Reading