Comments on: Inheritance Tax - pleased to stick out from the crowd http://www.taxresearch.org.uk/Blog/2006/09/05/inheritance-tax-pleased-to-stick-out-from-the-crowd/ Richard Murphy on tax and corporate accountability Tue, 06 Jan 2009 08:04:29 +0000 http://wordpress.org/?v=2.6 By: Dane Clouston http://www.taxresearch.org.uk/Blog/2006/09/05/inheritance-tax-pleased-to-stick-out-from-the-crowd/#comment-155241 Dane Clouston Sat, 25 Aug 2007 18:21:59 +0000 http://www.taxresearch.org.uk/Blog/2006/09/05/inheritance-tax-pleased-to-stick-out-from-the-crowd/#comment-155241 An increasing body of opinion of those who have capital to leave to others, I dare say, is against Inheritance Tax, greedy and selfish as they are for their families. No surprise there! But has Accountancy age consulted all those whose children will not inherit anything unless action is taken to redistribute the receipt of unearned capital in each new generation? The power of the middle, upper, media and political classes in favour of those who have and against those who have not is very regrettable and dangerous for the long term stanbility of our country - as the ownership of wealth becomes ever more unequal. There are too many unhelpful blinkers being worn by those whom Accountancy Age consults, it seems. Or am I being unfair, and are they rooting for reform rather than abolition? An increasing body of opinion of those who have capital to leave to others, I dare say, is against Inheritance Tax, greedy and selfish as they are for their families. No surprise there! But has Accountancy age consulted all those whose children will not inherit anything unless action is taken to redistribute the receipt of unearned capital in each new generation?

The power of the middle, upper, media and political classes in favour of those who have and against those who have not is very regrettable and dangerous for the long term stanbility of our country - as the ownership of wealth becomes ever more unequal.

There are too many unhelpful blinkers being worn by those whom Accountancy Age consults, it seems.

Or am I being unfair, and are they rooting for reform rather than abolition?

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