Here's an interesting piece, in which Anne Ashworth urges Gordon Brown to think again about the nondomicile tax break (in which an individual buys homes via an offshore company... replacing a 4% Stamp Duty rate with 0.5%). She points to a "ripple effect", in which the property purchases of the super-rich have caused a chain of displacement... eventually kicking the bankers out to the suburbs and the ftbs out of the market altogether.
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