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Article: Scrap stamp duty on [pounds sterling]150,000 homes, say the LibDems.
- Article from:
- Daily Mail (London)
- Article date:
- March 1, 2005
CopyrightCOPYRIGHT 2005 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: JANE MERRICK
CHARLES Kennedy promised help for first-time buyers yesterday by proposing to abolish stamp duty on houses worth less than [pounds sterling]150,000.
This would exempt almost half a million homebuyers from the duty every year, claimed the Liberal Democrat leader.
However, his party's economic manifesto for the election would also see the middle classes punished with a range of tax hikes.
The LibDems want to introduce a top income tax rate of 50p on those earning more than [pounds sterling]100,000, which Mr Kennedy said would raise [pounds sterling]30.8billion a year to pay for an array of policies.
Council ...