Inheritance Tax

A discussion of the merits of Inheritance Tax

Category:

News & Politics

Tags:

• Inheritance
• Tax

[hanafifiqh]

nice structured talk, thanks.

[DRDFOX]

@Nebucanezzer If you had an IHT bill of 50k, assuming this was when the nil rate band was 300k, the inheritance would have been 600k (for two parents) plus 125k. If you had to pay 50k on 725k that, by the sound of it, was largely from the value of a home that was not subject to capital gain tax, you havn't done badly though obviously anyone should sympathise for the loss of your loved ones. As much as I didn't like Gordon Brown he enabled the use of two bands and would have reduced your tax.

[sromag]

I think this 'person' says it all when he calls children... 'Offspring'

It's the same kind of politician speak that makes a vile person like Tony "blood for oil" Blair help invade 2 countries and carry on smiling as he sells a book on how wonderful he is.

IHT should be now as it was when it was created... FOR THE VERY RICH and should NOT hit the middle classes which it can very easily do.

[Gogargoat]

Great vid. It's the best tax there is in my opinion. Why should anyone be entitled to millions just because they happen to crawl out of a rich person's womb, how is that fair? Just let it flow back to the state so that other taxes can be lowered and society benefits as a whole.

[hyylo]

HOW MUCH MONEY DO YOU WANT TO GIVE TO THE GOVERNMENT?

each member of the government makes 30,000 or more each year in wages.

let people keep their money. the govenment is just a cancer.

[12FlyMe]

Which idiot said he owed a tax of 50K on income of 15.

Sorry - Fairtax didn't pass yet. Fairtax would have millions of people who only make 15K, paying 50K in taxes, because Fairtax is a tax on all spending - including medical.

So if your ass gets cancer -- the AVERAGE sales tax you will pay, is 50K. There are NO exceptions at all under Fairtax, none.

Or you might buy a house for 130K -- sales tax by FT -- 30-40K

[3v0six]

The first four letters of your name just sum it all up.

They are not attacked! The poor and abused!

[JoeNewland6]

richard... you're a cock

[tunes012]

Oh yeah, and those whom support inheritance tax all the way, are usually the cunts (excuse my french) whom are not willing to work for a penny unless someones willing to carry them half way. WOAH WOAH, did i just stereotype? well guess what, you're doing the EXACT same thing, assuming people can pull out £300,000 out of thier arse on top of the constant stuff they have to pay for said object or sum.

[tunes012]

The poor are getting poorer, you're absolutely right on that, but guess what, the fucking rich are getting poorer too. what, do you actually think the people whom support the absolutely oddly designed tax, which would work if said tax was not >£300,000 and maybe higher. This tax was put in place to tax the upper class, i'm not talking upper-middle class, those well privilaged guys that are quite far but not far enough to be considered rich, the rich family, meaning and income of >£400,000.