Fair Dues:Towards a more progressive inheritance tax
Article
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.
Related items
Taking stock: Counting the economic costs of alcohol harm
Alcohol consumption across the UK is increasing. Government and employers must act to address the health risks.A people-focussed future for transport in England
Our findings from three roundtables on the impact of transport in people’s lives and the priorities for change.Progressive renewal: The Global Progress Action Summit
A quarter of the way through this century, change is in the air. Everyone, everywhere, seemingly all at once, wants out of the status quo.