Inheritance Tax is 21 years old! See also Govt website
This is a legal means of extortion, where the government takes assets over £285,000 and slaps a 40% tariff on them.
Now you can easily avoid this tax by pissing all your savings up against the nearest wall, but not working all your life and becoming a property owner, or by being a worthless workshy chavscum sack of shit like this family.
In short by working and raising revenue, thus making money for yourself and the government, you shall also get fiscally punished when you die. Designed to replace capital transfer tax I believe it was called back then it cleverly punished the rich and successful who wanted to leave assets for their offspring.
By not adjusting this in line with inflation, with regards to house prices which keep rising, our masters in government have extended this down to the middle classes, and even the lower classes in places like London. After all nothing as good as a tax on the dead, I mean what are they going to do complain!
Hurrah for "Inheritance Tax" - even in death you can not escape a dose of fiscal rape.
Tags:Inheritance Tax
Taxes
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