Internet lobby campaign launched to take on chancellor over Stamp Duty

Organisers for the Stamp Out Stamp Duty campaign want the government to abolish the 0.5% tax on share purchases in the 21 March Budget.

They claim the tax threatens the competitiveness of the UK’s financial markets and has cost the average private investor more than £5,000 over the last 10 years.

And the internet explosion has meant the petition, which contains 6,000 names, will continue to grow. The email has a link to a web site where hundreds more people are adding their support every day.

Various internet news providers, a national newspaper, and lobby groups have backed the campaign.

This e-petition will be handed to chancellor Gordon Brown before the Budget next week.

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