The campaign to reform the current Stamp Duty system and have recent increases for landlords and owners of high-value homes reversed is gaining momentum as a raft of the Tory MPs, think tanks and media line up.Yesterday the free-market supporting Adam Smith Institute said current Stamp Duty system is costing the economy over £9 billion a year because it prevents people moving to the homes they want near to their place of work, and that they must commute long distances instead.The Telegraph newspaper has also been running a campaign to reform the duty, which it says taxes too unfairly those who through no fault of their own have to pay high prices to move up their local property ladder.This week the right-wing MP Jacob Rees-Mogg (pictured, left) said the UK should move to a ‘low taxation’ home ownership model and that, in the same way a cut to business taxes helped stimulate economic activity, so a cut to Stamp Duty would achieve the same thing.And former Tory party leader Ian Duncan-Smith (pictured, right) said in July that that the government should be using Stamp Duty to encourage landlords, not put them off investing.“It is time for us to reconsider the way we treat private landlords who buy houses to rent,” he said in an article for Conservative Home.“A large number of them are talking about no longer buying to let, and they blame it on George Osborne’s decision to impose a stamp duty levy on the purchase of homes to rent, to restrict mortgage interest relief to the basic rate of income tax, and to tax a landlord’s turnover rather than profits.“And the government’s own spending watchdog, the Office for Budget Responsibility, has urged the Chancellor Phillip Hammond to reform Stamp Duty because it was a “tax on moving”.Agents have been railing against the recent Stamp Duty increases and band changes too, including naea | propertymark, which has been running a campaign to reform Stamp Duty since 2009.And Spicerhaart boss Paul Smith (pictured, right) last weekend told The Mail on Sunday that “home ownership is at a 30-year low and the market has slowed significantly since the Government’s stamp duty reforms were introduced. The next Budget is the right time to look again at this tax and tackle our home ownership crisis.” Ian Duncan Smith Jacob Rees Mogg Paul Smith August 15, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Agencies & People » Are the Tories (finally) turning against Stamp Duty? previous nextHousing MarketAre the Tories (finally) turning against Stamp Duty?Damage being done to housing market is persuading several leading Conservative MPs to stick the knife in, although not always for the same ideological reasons.Nigel Lewis15th August 201701,832 Views
Cavs beat OKC, 67-60. Cavs came out playing like they always do. They are not with their point guard Zach Lui, but they have added Ricky Hoffman and Travis Conyers. They’re great additions. These two guys showed their game last night. They’re maybe the team to beat.OKC, the current champions, had 38 percent field goals attempt. Justine Guthrie had only 6 points. Definitely seems like first game jitters. I am not worried with this team; they always play better during the later part of the season.Cavs: R. Hoffman – 23, T. Conyers – 15, J. Flynn – 14, L. Miranda – 8, J. Stevenson – 4, J. Galeon – 3OKC: M. McMonagle – 16, D. Liming – 13, J. Roberson – 8, P. McMonagle – 7, J. Guthrie – 6, L. Pagan – 5, A. Yap – 3, S. Onarce – 2 Raptors defeated the Lakers, 63-59. Welcome to the league, Raptors, the new team who has its sight on the title this season. This group has been playing together for a while so team chemistry is not the question here. Darrel Lamont Williams plays on both ends of the game. Justine Conroy is court savvy. They’re definitely a team to watch this season. They edged out the Lakers last night. The Lakers, with one of the best players in our league, Kevin Walker, had to learn team chemistry. It’s their first time playing with each other. If they figure things out, watch out for this sleeper team.Raptors: D. Williams – 16, S. Devaney – 14, K. Jaworski – 12, J. Conroy – 10, J. D’Amato – 6, M. Defazio – 3, K. King – 2.Lakers: K. Walker – 25, J. Smooth – 13, Mo Stack – 8, RJ Purino – 6, M. Barry – 3, #9 – 2, #7 – 2.The Bucks edged out the Spurs, 67-65. The Bucks’ new line up can be dangerous in this league. Tamir Sowell and JP Anacreon’s combination of hustle and defense gave the Spurs a good run for their money. The Spurs, with new point guard Alex Mirabel, will adjust to the new team. Sometimes it only takes a game. Although they lost last night, this team can win it all. As a team, they have to have that chemistry to make this happen. It was a great game. JP Anacreon put back in the last second and won it for the Bucks.Bucks: T. Sowell – 25, JP Anacreon – 17, C. Obreo – 8, J. Jones – 8, G. Corea – 6, B. Smith – 3Spurs: JJ Hladik – 36, A. Mirabel – 10, B. Pipher – 10, J. Fortune – 9, R. King – 0, F. Cheng – 0, M. Aulov – 0Standing: Cavs (1-0), Raptors (1-0), Bucks (1-0), OKC (0-1), Lakers (0-1), Spurs (0-1), Sixers (0-0)
And Purdue guard Ryan Cline stuck a 3-pointer right on top of that, 21 seconds later. to tie it once more.SN’s MARCH MADNESS HQLive NCAA bracket | Live scoreboard | Full TV schedule“It was huge,” assistant coach Greg Gary told Sporting News. “For Ryan to come back and hit that after Admiral’s shot goes in … I looked at all our guys, there wasn’t a lot of change in their expression. They just kept playing.”In Purdue’s NCAA Tournament history — too much of which involves key players being injured and unavailable to help — the shot that stands above all was the work of legendary scorer Rick Mount, who hit from the baseline off a two-dribble move in overtime to defeat Marquette in the 1969 Mideast Region final, 75-73. That sent the Boilers to their first Final Four. They’ve only been back once since, in 1980, led by center Joe Barry Carroll.Cline’s 3-pointer was not a buzzer-beater, was not a game-winner, was not any sort of miraculous concoction. On this night, it seemed a miracle when one of his jump shots did not find its target. Whether this particular basket will engender another Final Four appearance for the Boilermakers will not be known until Saturday evening.It is not out of line, though, to call it one of the biggest shots in Purdue’s history. Without it, the Boilermakers do not survive Tennessee’s comeback from a 12-point halftime deficit that grew to 18 points inside the second half’s first four minutes. Without it, Purdue does not find its way to overtime, and from there to a 99-94 victory.“Oh, man, that was a huge play,” point guard Nojel Eastern told SN. “He had to create his own shot. He just tried to fight. He didn’t want to go home.”Schofield scored 18 points in the second half, including three enormous 3-pointers. He led the Volunteers back from a 51-33 hole that was created when, of course, Cline hit a short jump shot. They outscored Purdue 37-16 over the next nine minutes. The Vols blocked three shots in the second half and cooled off All-American guard Carsen Edwards, who had 15 in the first half and six during that dry patch but wound up with 29 — including the two that sent the game to overtime.Edwards earned three free throws by drawing a foul on a 3-point attempt off a baseline inbound play. He was 2 of 5 when he took his position. He was 2 of 6 after the first, amplifying the pressure on himself with that miss. Purdue had to have the next two, or OT might be out of reach.“It’s just kind of sticking to what I believe,” Edwards told SN. “I believe I’m going to make the next one. You probably can’t tell by the way I shot free throws tonight, but I spend a lot of time working on that. I just kind of trust in myself and believe the next one is going in.”MORE: Seven key stats from Purdue’s thrilling win over TennesseeCline has been a regular throughout his career, save for a suspension at the start of his sophomore season after an arrest on marijuana charges when he was found unresponsive in running vehicle in the summer of 2016. “I was doing bad things with worse people,” Cline told Indianapolis TV station WTHR the following March. He apologized for hurting his family and the Purdue program.There was no second episode. It was just basketball after that, although not as much as a player with his skill might have seen.He was behind Rapheal Davis at first, then Dakota Mathias and, to an extent, Edwards. Coach Matt Painter always tried to call him a sixth starter, but Cline averaged more than 20 minutes just once before this season. His highest scoring average was 5.4 points. As a senior, though, he has started every game and rarely left the court. He has connected on better than 43 percent of his 3-point attempts and averages 11.7 points. Actually, 12.1 after this performance.Cline hit 7 of 10 from 3-point range, with six of those coming after halftime and four in what little time remained after Schofield put the Vols into the lead.That’s right: four 3-pointers in a five-minute stretch, every single one of them digging the Boilers out of a deficit. Three of them tied the score, and one put Purdue briefly into the lead.“It just kind of happened,” Cline said. “I’ve been playing ball my whole life, and I feel like I had this game in me, somewhere. It came at a pretty good time. This was awesome.“I was telling my dad the other day, there are times in the game where things just happen. Instincts. Obviously, a couple of those shots came at a really good time. I was happy I could help us win.”MORE: Despite Tennessee’s success, no banner season for Vols Painter understood what was going on and called as many sets as possible to create openings for Cline. On at least one, when the dribble handoff that led to several other attempts was jammed by UT’s Grant Williams, he simply dribbled until he could create just the slightest amount of room.“To be able to do this and shoot like that — we were up against it tonight,” Painter said. “They made that run, and that momentum is moving if he doesn’t make a couple of those shots. He stepped up and made some really tough shots. Especially the one — because it seemed like he changed his mind about four times while he was dribbling the basketball — but he got that switch and he knew the guy sooner or later was going to get of him because he was a bigger guy. And he was able to knock it down.“I’m happy for him. It’s what it’s all about. You start your career and make a couple mistakes. The world loves it when you get things figured out and you make the most of it. And I think he’s done that.” LOUISVILLE, Ky. — It is hard to pinpoint exactly when the Purdue Boilermakers won this Sweet 16 game, but it isn’t any challenge at all to identify the moment they refused to lose it.The game clock at KFC Yum! Center showed 5:05 remaining in this South Region semifinal game between the Boilers and Tennessee. Volunteers forward Admiral Schofield, having reanimated his game after scoring just a single point in the game’s first 20 minutes, stood above the top of the key as his teammates wrestled with their offense and tried to generate some sort of opening. Purdue’s Grady Eifert became occupied with cutting off the top of the key and left Schofield alone. UT wing Jordan Bowden found him, and Schofield dropped in a long-distance jumper that beat the shot clock buzzer and put the Vols ahead by three.