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Another Inheritance Tax question
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Tiggs wrote:but in reality the large bulk of IHT comes from property which would pay no tax and assets that would be liable to CGT if it werent wiped out on death - so most isnt being taxed twice.
My earnings are taxed, I saved the money I earned which is taxed, everthing I put into my house is taxed, VAT is added when you buy and sell (solicitors/estate agents) stamp duty is a tax.
The revolution is coming it starts when the new road tax "as you drive" arrives.and will escalate further when the pavement tax "when you walk" comes in.
gary0
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