Mark Littlewood comments in the Daily Mail

Mark Littlewood, Director General at the Institute of Economic Affairs has commented in the Daily Mail on stamp duty.

In the article Mark argues that the Chancellor should be seeking to scrap stamp duty altogether. Stamp duty is not a tax on  moving home. Britain’s extortionate housing market is broken enough already without further penalising homeowners by charging them thousands of pounds unless they stay put in their current property. The government is actively encouraging people, especially the elderly, to remain in large properties when they would prefer to downsize and release a family-sized home onto the market.

Read the full article here.