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2023-11-16 22:19:20

Emeritus Prof Christopher May on Nostr: Of course.... and now #JeremyHunt is looking to cut #InheritanceTax - a tax paid by ...

Of course.... and now #JeremyHunt is looking to cut #InheritanceTax - a tax paid by less than 5% of estates each year... so a tax reduction only the richest will benefit from, that will have no impact on effective demand (his reasoning for tax cuts) and will enhance inheritance as the engine that maintains #inequality!

I'm not surprised that he's going to do it, he's a #Tory after all!
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