Osborne’s first tax cut will be stamp duty on shares

If the Conservatives get back into the UK government, they are planning a phased elimination of the Stamp Tax. You know, The Tax Stamp. This is the one the US rejected before it was even the US – and provided one of the touchstone issues that stimulated the American Revolution.

The Brits are finally figuring out that this tax was perhaps a bad idea. Better late than never.