guardian of the Government’s purse-strings, is losing kudos by the day…
Charles Moore on Inheritance tax:
"The threshold at which inheritance tax now begins is £275,000. That
means that getting on for three million homes are liable. In 1997,
there was only one town in Britain where the average house price
exceeded the inheritance tax threshold; by 2004, there were 78."
Telegraph leader on the "Landlord levy":
"To what problem is Labour’s £500 tax on landlords a solution? Is
Britain grinding to a halt because a class of idle rentiers is
strangling the economy? Do these miserly Rigsbys have wads of
ill-gotten notes stuffed under their mattresses?"
Perhaps the public will soon start to get an appetite for lower taxes!