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:facepalm:

Which carries more weight, that report or a letter in a tory paper signed by 100 tory supporters who will be personally financially affected by Labour's reintroduction of the 50p tax rate?

I'd be very surprised if people living in properties valued at between £325k and, say £450k are actually doing much, if anything, about IHT! Also, to be outside of that percentage that I quoted, you would have to totally avoid IHT rather than just minimise it so it still remains a very low...

I know what you are saying about Miliband and I agree that any scheme to avoid IHT shouldn't be allowed just as any other tax avoidance scheme. However, as far as I'm aware, with regard to Miliband, no IHT was due on Ralph Miliband's inheritance as it went to his wife. The deed of variation...

There is no argument whatsoever. The tax is effectively paid by the beneficiaries as it reduces the amount they receive. It certainly isn't paid by someone who is dead! In your original example you cited someone who bought a house 30/40 years ago. They have done nothing to earn the increase in...

Of course, the Tories were for harsher, more hands on regulations of the city which would have meant the UK would have been one of the only countries not to go into recession!!! Or are you going to come back with the old 'it's irrelevant what the tories would or wouldn't have done as they...

You are aware that the person who bought the property 30/40 years isn't the one paying the inheritance tax! When you inherit exactly what have you done to earn that income?

I certainly wasn't suggesting that we did enter the global meltdown in the same position as other countries however the Tories would have had you believing we were in the same dire straights as Greece and Spain yet our economy was always far more robust than those countries however it served a...

Difficult to see the political slant on that post!!!!!

What a load of garbage. Of course Labour understand that business brings jobs but, given a free reign, a lot of business would not give security to hard working families. They would pay as little as they can get away with because the business leaders responsibility is not to their customers or...

But you measure debt against earnings. If earnings are going up then Labour could have maintained the national debt at the same level as when they came to power which would have meant more spending (maybe spending on schools and hospitals rather than using PFI). They didn't, they allowed the...

You are aware that you only pay IHT at 40% above that threshold so, for example, a person's parents both die and neither had used up any of their threshold (that is to say when the first parent died the spouse inherited the lot) and the estate is worth £1m. The benefactors will pay £140k in IHT...

Where did you get the idea that half the population are liable for inheritance tax? The threshold is currently £325,000, are you seriously suggesting that half the population have an estate worth more than that? Furthermore, if the estate is passed to a surviving spouse then no inheritance...

Up to 2008 then exactly where were they overspending? In the first two terms they had already paid down the national debt to a level lower than it had been any time since 1993 (as a % of GDP which is the best way to measure it). Of course a labour government are going to spend more on public...