Rachel Taylor

Rachel Taylor

Labour — North Warwickshire and Bedworth

Speaking in the House of Commons on 28 October 2025

Debate

Stamp Duty Land Tax

Contribution

I am not saying whether stamp duty is a good or a bad tax. I am saying that I do not support simply abolishing it without any thought about the impact that that will have on the poorest people in our society. The Tories have dressed up this fantasy tax cut as standing up for first-time buyers, but as a former property solicitor, I can tell them for a fact that that argument is completely false. In my constituency, a first-time buyer purchasing a property at the average price pays no stamp duty. This tax cut would be of no benefit to them whatsoever.

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