Inheritance tax is nonsenscial and should be abolished, claims IEA economist
Emily Carver writes for Conservative Home
Julian Jessop comments for the Express
“I’m not a fan of inheritance tax because it isn’t obvious to me why someone should have to pay more tax because they have died.”
“People should be free to build up assets and pay tax on the assets as they are going along, that’s fine. There might be a case for taxing the capital gains on your first home as well as your second home.”
“The idea you should pay a tax bill because you have died, I don’t really see any justification for that.”
“My personal view is that it should be abolished, I just don’t see what it is about dying that means you should pay tax. It doesn’t make an awful lot of sense to me.”
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