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Local Government minister Brandon Lewis appeared to dismiss the idea.
A Treasury spokesman said stamp duty land tax and business rates were important sources of Government revenue, raising several billion pounds each year to pay for the essential services.
Boris Johnson said: "There is a now growing and welcome cross-party consensus that recognises the economic benefits of giving greater control of taxes raised in English cities back to those cities, which is very difficult for the Treasury to ignore.
London's mayor added: "The modest reforms that I and others have been campaigning for and that are endorsed in this report, would provide England's cities with the means, incentives and crucially the stability of funding to deliver much needed jobs, growth and infrastructure."
London mayor Boris Johnson has won the backing of an influential group of MPs in his bid for more tax-raising powers.
The Communities and Local Government Committee is believes cities like London and Manchester should have similar powers to the Scottish Parliament and Welsh Assembly. The committee wants ministers to hand over property taxes like stamp duty.