Budget Resolutions — Amendment of the Law

Part of the debate – in the House of Commons at 7:09 pm on 17 April 2002.

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Photo of Tony Baldry Tony Baldry Chair, International Development Committee, Chair, International Development Committee 7:09, 17 April 2002

No, not at all. Stamp duty is simply a tax on mobility. It deters people from moving and is, in many ways, ludicrous and anachronistic. Frankly, if I were an officer in Thames Valley police wanting to move to Banbury or a nurse wanting to move to Oxford to work at the John Radcliffe, I would not be particularly happy that people in some parts of the country are being let off stamp duty while I would have to pay a hefty sum. As days go by, Labour Members will begin to regret the inclusion of such divisive measures in the Budget.