Posted on 07/03/2024 5:59:46 AM PDT by ChicagoConservative27
An inheritance tax raid to “redistribute” wealth is a possibility for a Labour government if it gets into power, a leaked recording of a shadow frontbencher suggests.
Darren Jones, the shadow chief secretary to the Treasury, told a public meeting funds from the punitive levy should be used to address “intergenerational inequality.”
In the leaked recording, the contents of which were first reported by the Daily Telegraph, Jones – who will be responsible for public expenditure if Labour wins the election as widely expected – said there is a “bulk coming through the system of huge amounts of inherited wealth.”
(Excerpt) Read more at breitbart.com ...
Ohoh. Here comes that pesky “inequality” again...
As bad as things may,or may not,be in Britain today they’re about to get a *lot* worse...and quickly.
Rob from the English to pay the modern Danegeld.
Methinks its a Leftist shakedown of the “donor class”.
It’s time for wealth to flee to friendlier environs again.
Karl Marx approves.
There should never be a death or inheritance tax. That money has already been taxed.
BTTT
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