
David Cameron is absolutely right to be putting the raising of the inheritance tax threshold up to a million pounds at the heart of the Conservatives next General Election manifesto in 2015 as it was in 2010.
People pay enough money in tax during their lifetimes so it is only right that they should not pay it when they die too.
If you ask me, in the interests of economic competitiveness, the Conservatives should go further by pledging to scrap it completely, as was the view of the 300,000 people who signed the petition organised by the Daily Express in 2006 which also called for its abolition.
At the end of the day this is a rich tax that hits ordinary people and the chances are that if they have made it they have worked hard for it.
If the socialist President Sarcozy of France can abolish inheritance tax between spouses and PACS partners and the social democrats in Sweden have already scrapped it surely, the Conservatives can follow the lead.
After all, it does only raise 1% of total tax revenue.
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