So the Tories want to effectively increase the Inheritance Tax limit to £2 million.
How does that fit with a drive for greater equality?
Who is George Osborne kidding?
Richard Murphy on tax and economics
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Over here and under-taxed
Richard Murphy
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There are arguments on both sides for and against Inheritance Tax, but it is a reality at the moment. Whilst it is there, then it is legal to avoid the tax. I think that the problem at the moment is that middle England is also getting caught up in this tax designed originally to tax the rich.