10 Apr 2016, 12:01am
Cameron in line to avoid inheritance tax of £80k
It’ll be extremely fun in fact. Because they’re all going to say that it is Cameron avoiding. But it isn’t, is it? It’s his mother’s estate which is avoiding. The tax is incident on that estate. We keep being told inheritance tax is on the estate, that’s the joy of it supposedly. Who better to tax than dead people?
The moment we all start shouting that it is Cameron avoiding then one of those justifications for inheritance tax itself disappears. Not that anyone’s going to be that consistent.