Speeches by Stride.

“My hon. Friend is absolutely right. As Paul Johnson, formerly of the Institute for Fiscal Studies—I quoted him earlier—says, this tax “also acts to reduce effective supply for everyone” right across every age and every section of the income scale. If only the Parliamentary Secretary to the Treasury, the hon. Member for…”

“My hon. Friend is absolutely right. I have already set out the estimate from the OBR that a 1% increase in stamp duty means a 5% to 7% reduction in transactions. It is a horrendous and terrible tax, and it remains to be seen whether Labour Members choose to defend it.”

“I have already apprised the hon. Gentleman of the fact that on his party’s watch, 16,000 high-net-worth people have left the country, to the huge detriment of our economy. We cannot tax our way to growth. We have to abolish this tax across the piece, and that is recognised by think-tanks across the political spectrum. …”

“My hon. Friend is absolutely right. The tax is a blocker on the aspirations of those who are growing their families and simply want to find a home with more bedrooms. Often, they cannot find those homes because empty nesters—those whose children have left home—are not prepared to face the huge, eyewatering stamp duty i…”

“As usual, my right hon. Friend makes a characteristically poignant point. There is another act of damage that this Government have created: some of the most successful high net worth wealth creators in our country have simply gone; they have left. It is estimated that 16,000 have gone over the time that this Government…”

“My right hon. Friend is absolutely right. We see that in inflation, which is running at about twice the Bank of England’s target and about twice the rate that this Government inherited from us on the day of the general election. Within that, we see food inflation rocketing up at over 4%, damaging and impoverishing the …”

“We will take no lessons from the Labour party when it comes to the mismanagement of our economy. What I have just set out has led to a Chancellor who had a Budget in October last year in which she blew all the headroom and more, rebuilt it in the spring and is now, as we all know, heading into the Budget on 26 November…”

“Yes, and I thank my hon. Friend for the excellent work that she has been doing on the Committee, particularly when she chaired it in the last Parliament.”

“We built 2.8 million homes since 2010, and a million in the last Parliament. It remains to be seen how many homes this Government will build. Another huge advantage of abolishing stamp duty is that it will generate more transactions, which will benefit more plumbers, electricians, builders, designers, estate agents, su…”

“My hon. Friend is absolutely right. The reasons that we need to abolish this tax include the fact that it stands in the way of younger people getting on to the housing ladder. To use the words of Paul Johnson, it “gums up” the entire system of house purchasing in our country. He said: “It may look like a tax on wealthy…”

“My hon. Friend is exactly right. The tax does precisely that. It stops people moving to where the work is, to get better jobs and further themselves. Who wants to move to one place and pay stamp duty, and then move to another to pay more stamp duty? It does not add up.”

“Speaking of amnesia, would the right hon. Gentleman like to remind the House what the deficit was in 2010, when we first formed a Government?”

“Stick to the day job.”

“I beg to move, That this House calls on the Government to reduce public expenditure to fund the abolition of stamp duty land tax on primary residences purchased by UK residents, in order to get Britain working, to grow the economy and to give people a stronger stake in their communities through the security of home own…”

“My hon. Friend is absolutely right. I have already shared with the House the classic example of the number of people who have left this country because of a punitive tax regime and the costs of that.”

“As the hon. Lady will know, interest rates are one of the key tools in monetary policy and are applied to bring down inflation. While she is right that there have been five reductions in the level of the base rate, there should have been many more. The reason is—the evidence is there—that this Government have stoked in…”

“If the right hon. Lady wants to make the rules, she should live by them. That message will go out to businesses and families up and down the country. There is no way that they can avoid the juggernaut of taxes that are coming down the track.”

“The hon. Gentleman is entirely right. Of course, if the Government have got into a situation where they are having to scrabble around and look at property taxes, as we are debating this afternoon, than really nothing is safe from the taxman under this Government.”

“I beg to move, That this House notes recent reports that the Government is considering a wide range of increases to taxes on property; notes the Prime Minister’s commitment last year not to impose Capital Gains Tax on primary residences; and calls on the Government not to introduce an annual property levy which would t…”

“My hon. Friend is absolutely right. We are seeing high inflation, anaemic growth, high gilt yields and a pound that has been plummeting in recent times. All those are signals flashing red on the dashboard. Instead of getting a grip on spending and getting taxes down, the Government have been out there pitch-rolling yet…”