Inheritance tax is paid only on the estates of people who died richer than 24 out of 25 people who died in Britain that year. Ask almost anyone whether they had ever been a beneficiary of an estate that had been subject to inheritance tax. If they have, then they are probably in politics or its schoolfriend media.
If inheritance tax is unpopular, then that is because far more people expect to pay it than ever would. The cuts that would be necessary to abolish it, or to reduce it considerably, would be very, very, very unpopular, indeed. But if this or any other tax were going to go up, then we should all want to see something for that.
Rather than, for example, the abolition of the two pound bus fares. Having introduced those, the Conservatives would of course vote to retain them. As would the Liberal Democrats, the Greens, and Reform UK. All just in time for the English county council elections.
The English county elections are going to be a bloodbath for Labour.
ReplyDeleteThey did very badly in 2021. But they could still do even worse.
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