The Great Inheritance Tax Rip-of ; As Millions More Hard-Working Families Fall Into the Chancellor's Net...

Daily MailJanuary 24, 2007

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Summary


HERE'S a safe prediction: inheritance tax is going to be a very hot potato at the next general election.

Why? Because by a simple conjuring trick on the part of Gordon Brown, a tax that was designed to afflict a wafer-thin top layer of society - a few hundred families with industrial fortunes, landed estates and fine art collections - now looms over ten million ordinary families in Britain.

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The Great Inheritance Tax Rip-of ; As Millions More Hard-Working Families Fall Into the Chancellor's Net...

And when I say it looms, I mean it threatens them with a tax bill the like of which they have never seen before, many times larger and more painful than the annual income tax they already resent. So stand by: this slow-burning political firework is about to explode.

The trick is simple enough. While house values have dou...

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