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CGT rise is 'bad for the property market'

Clive Aslet, Editor at Large of Country Life magazine, on what higher Capital Gains Tax could mean for the "fragile" property market.

He speaks from prosperous Burnham Market in Norfolk and claims the rise is "bad for the property market" and "bad for all of us."

Capital Gains Tax rose from 18% to 28% within hours of the budget for higher rate taxpayers.

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