""We have to get the deficit down and show how every tax cut or spending increase is paid for," she said. "At least half will go towards cutting the deficit, because living within our means is our first priority. And with the rest, we will get Britain growing and bring down the taxes that are stifling our economy.""
""We must free up our housing market," Badenoch said. "A society where no one can afford to buy or move is a society where social mobility is dead.""
""abolish stamp duty on your home""
""it was not enough", insisting that complete abolition was the "key to unlocking a fairer society"."
Kemi Badenoch pledged to abolish stamp duty land tax to revive home ownership and stimulate the housing market. The proposal frames stamp duty as an "unconservative tax" that blocks millions from buying or moving and claims complete abolition is the key to unlocking a fairer society. The plan sits within a fiscal framework labelled a "golden economic rule" that allocates half of identified public spending savings to deficit reduction and half to tax cuts or growth investment. Conservatives identify £47 billion in potential savings, including welfare reductions, to offset a roughly £12 billion annual stamp duty revenue shortfall.
Read at Business Matters
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