RE: Life after GGP11 Sep 2020 09:32
Morning all, I'm just catching up. Quick word on inheritance tax. So, elderly working-class person who's paid tax on his earnings all his life and been told by successive Governments to buy his own family home, scrimps and saves and does just that. He provides for his family all his life. Born in this country and never takes a penny in benefit. Every penny that goes into his family home has already been taxed. So why should his widow pay inheritance tax at all? It's a double tax. And if someone buys a house from their savings or their PAYE earnings or manages to go up the property ladder for a larger family home, why are they charged stamp duty? It's a double tax. That money has already been taxed once. Where does it end? Governments fleece the working class multitude in fear of the wealthy taking their money abroad.
For me, there's only GGP, and ERIS.