Quote Originally Posted by talkSAFT View Post
Inheritance Tax should be vastly increased.
Millions of people are these days being 'left' houses in their 50s (eg) by millions of deceased 80s (eg). The recipients haven't EARNED that huge benefit (which is what Tax is all about). So now we're getting comfortably-off 50 year-olds wondering what to do with their £2-£300,00 pound house. And guess what? - they rent it out as holiday homes, thus causing a huge shortage of houses, pumping prices up to ridiculous amounts, which poorer people just can't afford (especially with the Mortgage Rates now chargeable).
The rich are laughing their b*llocks off and claiming their poor deceased parents 'worked damned hard' for that house. (Not as hard as most poorer people, mind.)
Tax has GOT to be raised somehow, from somewhere, so why not get it from 2nd home owners. Their FOLKS might have 'earned' it, but THEY haven't.
(Show me a Tory who agrees with me).

Complete and utter bollox. Many parents work their backsides off to leave their kids an inheritance so why should it be taxed!! Presume you will be left f uck all hence the post!

Why not direct your post to Mrs Sunak who loves her country who will not even pay a penny of her multi million property portfolio!

Many rich people pay huge taxes but companies like Amazon don’t and here lies the problem! There was a p rick on social media saying private school fees should be taxed! What a knob - more kids should be encouraged to go private as it costs about 10k for a state school place from the tax payer. Same with those who go private for operations - should they have a percentage rebate for not using the NHS which again costs a fortune for tax payers?

Increase inheritance tax FFS!! Many would withdrawal the cash or take equity out to avoid taxation and don’t blame them!

I would never be jealous of a wealthy person so good luck to them! Hate companies who screw the tax system!