To be clear: #InheritanceTax is a tax on unearned income coming to the recipients, not a tax on those who've died.
Lets start there & ask why people should be advantaged in life by the accident of having rich(er) but now dead parents?
You'll want to claim a 'right' to give things to your children, but given the law (except in particular circumstances) doesn't support contesting wills on the basis of a 'right' to inherit, why do we privilege the interests of the dead?
Just thinking aloud
You’re not “thinking” you’re being a selfish prick.
It’s also obvious you don’t have children.
The only reason parents work at a certain point is to “advantage” their children.
You wouldn’t understand that because your a vapid, childless, soulless piece of shit who believes that others money is yours.
If you ever worked for something meaningful you’d understand how much of an asshole you are currently.
@43d7c4ea Perhaps if we look a little deeper, we will see that the idea of inheritance is not just about money and property; but also about social position.
Once we see that, we might start to question the relevance of the monarchy and the peerage; and that would upset several tumbrels' worth of apples...
@43d7c4ea
tbh I'm a bit conflicted.
I certainly think there should be taxes on big gifts and inheritances and the accumulation of money beyond reasonable retirement savings.
But I also have some sympathy for the other side (at least when it comes to smaller inheritances), in particular the argument that people are punished from all sides when scraping together some savings out of a meagre income.
@43d7c4ea Perhaps we should give up on inheritance tax, and just consider inherited money/property etc. as a capital gain, and tax according to CGT rules ?
@43d7c4ea To quote Roy Jenkins "Inheritance Tax is a voluntary levy paid by those who distrust their heirs more than they dislike the Inland Revenue"
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