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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…
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