I hope that the government will remove the stamp duty on purchase of property. The removal of this cost will encourage some people to change their homes to be closer to their place of work. This will reduce the number of people that have to commute long distance to work and reduce the congestion on the road.
If there is a loss of revenue, it can be compensated by an adjustment to the property tax. (In my opinion, this is not necessary).
The government has removed estate duty. It is time to take the next step, in the interest of reducing road congestion and travelling time and cost.
hmmm. remove tax on a few and tax the many ?
ReplyDeletedon't think this is good politics.