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I'd better return that vase then.....

You know, I took the opportunity to visit Windsor Castle on Monday, I do enjoy the historic aspect of out nobility - But some of the riches there and some of the wealth bestowed upon our 'Peers' made me feel quite angry. The pile that the Dukes of Wellington inherit and pay the rent of a...

Somewhat this but they WILL still get a extra windfall won't they, just less a bit of tax to share around a bit! Funny the sense of entitlement the middle classes have isn't it.

You were talking about tax on tax, I am pointing out that capital growth isn't taxed prior to the death. So basically the inheritor benefits from entirely unearned income, of course it should be taxed.

Aren't most of the things that people inherit capital growth on houses or investments? Growth which is exponential and upon which zero tax has been paid.

Agreed - To raise the allowance is to very obviously widen the gap between the haves and the have nots. Rich get richer etc....