Comment on Scrapping inheritance tax would cost £15bn a year by 2032, says IFS

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tkc@feddit.uk ⁨1⁩ ⁨year⁩ ago

I think it only kicks in at 1 million anyway, and I wouldn’t disagree to it being raised to say 5 million, as it’s entirely possible from a regular person to get a well paying job, and have invested and saved their way to that figure by retirement.

But scrapping it entirely removes one of the only ways that we do tax billionaires. One of the last thing I’d want is billionaire generational wealth.

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