Comments on: Inheritance Tax - the Observer gets it horribly wrong http://www.taxresearch.org.uk/Blog/2007/10/08/inheritance-tax-the-observer-gets-it-horribly-wrong/ Richard Murphy on tax and corporate accountability Thu, 08 Jan 2009 00:30:48 +0000 http://wordpress.org/?v=2.6 By: Gordon http://www.taxresearch.org.uk/Blog/2007/10/08/inheritance-tax-the-observer-gets-it-horribly-wrong/#comment-444435 Gordon Tue, 03 Jun 2008 16:12:12 +0000 http://www.taxresearch.org.uk/Blog/2007/10/08/inheritance-tax-the-observer-gets-it-horribly-wrong/#comment-444435 Whilst I can see the arguments for and against Inheritance Tax, the fact is that it is an avoidable tax at this point in time. Therefore, it seems odd that those in the know can avoid the tax and those without advice cannot. This, in my mind, makes it a doubly wrong tax. Whilst I can see the arguments for and against Inheritance Tax, the fact is that it is an avoidable tax at this point in time. Therefore, it seems odd that those in the know can avoid the tax and those without advice cannot. This, in my mind, makes it a doubly wrong tax.

]]> By: Tax Research LLP http://www.taxresearch.org.uk/Blog/2007/10/08/inheritance-tax-the-observer-gets-it-horribly-wrong/#comment-207506 Tax Research LLP Mon, 08 Oct 2007 15:28:25 +0000 http://www.taxresearch.org.uk/Blog/2007/10/08/inheritance-tax-the-observer-gets-it-horribly-wrong/#comment-207506 Emily's comment, in case it's not clear, is at http://www.askm.co.uk/blog.asp I think the case for reform is clear. But I agree, it does not need the tax to be abolished, or limits to be raised. Richard Emily’s comment, in case it’s not clear, is at http://www.askm.co.uk/blog.asp

I think the case for reform is clear. But I agree, it does not need the tax to be abolished, or limits to be raised.

Richard

]]> By: Emily Coltman http://www.taxresearch.org.uk/Blog/2007/10/08/inheritance-tax-the-observer-gets-it-horribly-wrong/#comment-207498 Emily Coltman Mon, 08 Oct 2007 15:24:57 +0000 http://www.taxresearch.org.uk/Blog/2007/10/08/inheritance-tax-the-observer-gets-it-horribly-wrong/#comment-207498 I've posted on my own blog why I agree with Richard and think IHT should stay. But I do think it should be made more flexible and less draconian. IHT is necessarily collected at a time of bereavement. Its administration should respect that. M I’ve posted on my own blog why I agree with Richard and think IHT should stay.

But I do think it should be made more flexible and less draconian. IHT is necessarily collected at a time of bereavement. Its administration should respect that.

M

]]> By: Carol Wilcox http://www.taxresearch.org.uk/Blog/2007/10/08/inheritance-tax-the-observer-gets-it-horribly-wrong/#comment-207369 Carol Wilcox Mon, 08 Oct 2007 13:24:10 +0000 http://www.taxresearch.org.uk/Blog/2007/10/08/inheritance-tax-the-observer-gets-it-horribly-wrong/#comment-207369 I was appalled by last week's QuestionTime when not one person on the panel, nor in the audience, argued for Inheritance Tax - one of very few taxes which meet most of the recognised criteria for a good tax. I posted something on the Response webpage but it was not broadcast, of course. It's bad enough that the general tabloid-exposed public believe myths about fair taxation, but no one in govt appears to know what they're talking about either. Even Will Hutton, following his Observer article supporting IHT, went all wishy-washy on Radio4 this morning, suggesting that the threshold needed raising and the rate bringing down! Still, Richard, it looks as if more and more influential bodies are reading your blog - perhaps you have an opportunity to get some of these tax issues properly debated. All the best for Tax Justice. I was appalled by last week’s QuestionTime when not one person on the panel, nor in the audience, argued for Inheritance Tax - one of very few taxes which meet most of the recognised criteria for a good tax. I posted something on the Response webpage but it was not broadcast, of course.

It’s bad enough that the general tabloid-exposed public believe myths about fair taxation, but no one in govt appears to know what they’re talking about either.

Even Will Hutton, following his Observer article supporting IHT, went all wishy-washy on Radio4 this morning, suggesting that the threshold needed raising and the rate bringing down!

Still, Richard, it looks as if more and more influential bodies are reading your blog - perhaps you have an opportunity to get some of these tax issues properly debated.

All the best for Tax Justice.

]]> By: online wealth http://www.taxresearch.org.uk/Blog/2007/10/08/inheritance-tax-the-observer-gets-it-horribly-wrong/#comment-207288 online wealth Mon, 08 Oct 2007 11:46:31 +0000 http://www.taxresearch.org.uk/Blog/2007/10/08/inheritance-tax-the-observer-gets-it-horribly-wrong/#comment-207288 I tend to agree with your comment "it’s cynical pandering to the British middle classes at their worst". Excellent post. I tend to agree with your comment “it’s cynical pandering to the British middle classes at their worst”. Excellent post.

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