Badenoch’s inheritance tax gambit makes no economic sense | Heather Stewart

The Tory leader’s proposal to slash the tax would shovel £6bn of taxpayer money to the already-wealthy Kemi Badenoch’s inheritance tax gambit is a Conservative classic. After all, it was George Osborne’s high-profile pledge to “take the family home out of inheritance tax” in 2007 that put Gordon Brown off calling a snap general election. In practice, Osborne’s plan involved a £1m threshold for inheritance tax – and given the global financial crisis had blown a hole in the public finances by the

Summary aggregated from The Guardian's public RSS feed. The full reporting belongs to The Guardian — please read it on their site.