Stamp duty is "an important source of revenue" for the Government and cutting it would "create a significant cost to the Exchequer" at a time when the country is already in debt, a Treasury spokeswoman said.
It is a progressive tax and those who purchase higher value property pay a higher share of tax. In 2012, 34% of transactions didn't pay SDLT on their purchases and a further 43% paid less than £2,500.
SDLT is an important source of Government revenue, raising several billion pounds each year to help pay for the essential services the Government provides and supports.
Reducing it would create a significant cost to the Exchequer at a time when the Government is focused on reducing the deficit.
More top news
Having a longer pregnancy also reduced the risk of suffering from post-natal depression, a study found.
Warwickshire Police are currently dealing with an "ongoing incident" at Bermuda Park, Nuneaton.
The Labour leader has called the Norwich South MP's remark "completely unacceptable" and says Clive Lewis has personally apologised to him.