Re: Snap General Election called
Posted: Thu Jul 10, 2025 8:48 pm
Inheritance tax is a terrible idea. Most of the seriously rich will have trusts set up to avoid it, so it’s mostly those who have property in pricier parts of the country who get hit. And why is it such a problem to leave money to your children?
In my experience, people will accept some taxes, but they get more irritated over taxes like this, which come at a point where the family is already grieving. Labour is ideologically predisposed to taxing people more, but that’s not always the best option, particularly when outlay like the NHS and welfare seem to be bottomless holes. This government promised growth, but its only answer is to tax those who pay taxes more and more.
In my experience, people will accept some taxes, but they get more irritated over taxes like this, which come at a point where the family is already grieving. Labour is ideologically predisposed to taxing people more, but that’s not always the best option, particularly when outlay like the NHS and welfare seem to be bottomless holes. This government promised growth, but its only answer is to tax those who pay taxes more and more.