Homeowners. You worked hard for your property. Don’t sleepwalk into taxes that might have an impact on what you’ve built up. Inheritance tax, stamp duty, CGT…it’s all in play with a Labour government. If that’s what you want, fine. If it isn’t, vote Conservative.
This is what I said during my campaign as the Conservative candidate for Hackney South and Shoreditch for the 2024 General election, in a rather homespun video, strolling along Hackney’s lovely Lavender Grove, recorded by one of my sons. Facing the holder of the largest majority in London, Labour’s Meg Hillier, I was left by CCHQ to my own devices, and that suited me just fine. I built my campaign around the issues I felt to be the most compelling, and one of them was property tax.
And now, just as I warned, property and wealth taxes are top of the agenda for Chancellor Rachel Reeves and the Labour government, despite their electoral promise of not raising taxes on what they defined as ‘working people’.
How about, instead of looking for new taxes, finding ways to cut expenditure.
There is so much wastage of public funds across our bloated state, yet the Labour government seeks ways to penalise the aspirational and hardworking through punitive taxation, in order to maintain that waste.
It is a national disgrace that the Labour government has such a poor grasp on economics that their policies act as a brake on growth. It is a national tragedy that they are learning on the job. The damage they are doing is immense.
© Joanna Reeves 2025, all rights reserved.