Stamp Duty is "unfair, unjust, and must be scrapped"
In response to criticism of Stamp Duty Land Tax by a number of MPs in today's Westminster Hall debate, Jonathan Isaby, Chief Executive of the TaxPayers' Alliance, said:
"Stamp Duty is unfair, unjust and must be reformed. It stops ordinary families moving up the property ladder, discourages the elderly from downsizing, and worst of all is a barrier to young people looking for their first home.
Previous research by the TaxPayers' Alliance and Walbrook Economics suggests radical reform of Stamp Duty is possible without affecting overall Treasury revenues.
Notes to editors
2. The TaxPayers' Alliance has produced a number of research papers on the subject of Stamp Duty.
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