Stamp duty is a bad tax. In fact, it is the worst tax on our books
When Kemi Badenoch pledged to scrap Stamp Duty on primary residences, it was one of those rare political moments that cut through the noise.
Not because it’s flashy or populist, but because it spoke to something many have quietly known for years: Stamp duty is a bad tax. In fact, it is the worst tax on our books. It is economically distorting, socially regressive, and long past its sell by date.
