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IEA: Tax bill will ruin our £6m mansion purchase
Bosses moan at token rise in stamp duty

INFURIATED free market lobbyists bewailed George Osborne's flash tax on high-end homes yesterday for allegedly damaging their plans to snap up a £6 million Georgian mansion.

Institute of Economic Affairs (IEA) director Mark Littlewood slammed the tax, which took effect overnight, as "irritating" during the group's post-autumn statement briefing.

And he moaned that it could affect his own organisation, which plans to buy a multimillion-pound Grade II listed home at 4 Lord North Street, Westminster.

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