Jacob Rees-Mogg recognises damage done by the Treasury

It is now clear that the Treasury, under George Osborne’s stewardship, made some catastrophically bad decisions with the twin aims of courting popular opinion by appearing to go for the ‘nobs’ and also of raising money towards his manic deficit reduction quest.

As part of this he imposed a large extra burden of stamp duty at the top of the market. This is now being shown to have failed abysmally.

The Times has just reported:

‘Jacob Rees-Mogg, Conservative MP for North East Somerset, said the high rate was costing the Treasury “hundreds of millions”. “This has damaging knock-on effects on a range of businesses and no beneficiaries,” he said.’

I  believe we should take advantage of Jacob Rees-Mogg’s interest in this and get his attention firmly fixed on Section 24. He has a strong public profile and could be a powerful ally.

I am urging everyone who reads this to send Jacob an email outlining the effects that are and will be caused by Section 24. This is the address that can be used >>  [email protected]

I suggest you send him a link to my report >> https://www.property118.com/wp-content/uploads/2016/10/6G0YKMd1Wf.pdf

Also make one or two points in the email to grab his attention, bearing in mind that shorter emails are more likely to be read.

You might also want to send one to Andrew Tyrie on the Treasury Select Committee as he also strikes me as too intelligent and hopefully too decent to repeat the sophistry on the Treasury on this.

His email address is:  [email protected]

Please post any responses in the comments section below