Rachel Reeves' Mansion Tax Could Harm Economy 🏠

Rachel Johnson warns that Reeves' mansion tax plans may lead to economic issues, risking negative impacts on homeowners and the economy.

Rachel Reeves' Mansion Tax Could Harm Economy 🏠
The Telegraph
157.2K views • Oct 28, 2025
Rachel Reeves' Mansion Tax Could Harm Economy 🏠

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With Chancellor Rachel Reeves reportedly considering a possible mansion tax in the upcoming Budget, Rachel Johnson warns on today's Daily T that taxing homeowners with properties worth over £2 million could spark “riots on a scale the Chancellor won’t have foreseen”, that Labour "couldn't dream up a more unpopular tax" and predicts that the it will be a disaster for the housing market with Reeves having already turned the market into a "stagnant swamp" with her economic policies so far.

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Views

157.2K

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Duration

15:33

Published

Oct 28, 2025

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