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Letter to the Media - Conservative inheritance exceptions - April 2015 - Printable Version +- LIBERAL TALK (http://talk.liberal.org.uk) +--- Thread: Letter to the Media - Conservative inheritance exceptions - April 2015 (/showthread.php?tid=36) |
Letter to the Media - Conservative inheritance exceptions - April 2015 - ReadingLib - 12-31-2015 We in the Liberal Party are dismayed, but not surprised by the Conservative Parties proposal to allow property of up to £1 million be free of any inheritance tax on the basis that is is 'a basic human instinct' to provide for your children. This is a disgraceful attempt to cloak a socially devisive policy with the warm glow of family values. In reality such a policy will only ensure that the rich stay rich and the poor stay poor, especially in the South East of England, where house prices have run out of control. The Liberal Party believes in equality of opportunity for all and thus proposes a system of 'Universal Inheritance' whereby all inherited wealth is taxed at 10%, in order that all can recieve an inheritance of £10,000. That way we can ALL provide for ALL of our children - not just the privillaged few. |