Dominic Maxwell argues for the progressive reform of inheritance tax with the aim of promoting social justice.

At a time when there is growing evidence that wealth inequality contributes to unequal life chances, and the richest two per cent own almost a third of all the wealth in Britain, inheritance tax is under attack from both left and right. But there are excellent

reasons to defend it: inheritance tax, or IHT, is a crucial counter-weight to the accumulation of wealth, and as a tax it is relatively undistorting. But to secure its long-term future we must reform it. In Fair Dues Dominic Maxwell sets out a more progressive structure for Inheritances Tax aiming for greater social justice.