[Gllug] [OT] Times Article on ABD was Fighting a virus

Richard Jones rich at annexia.org
Fri Feb 23 11:43:44 UTC 2007


On Fri, Feb 23, 2007 at 11:35:28AM -0000, Adrian McMenamin wrote:
> On Fri, February 23, 2007 10:43 am, Richard Jones wrote:
> > On Fri, Feb 23, 2007 at 08:06:08AM +0000, t.clarke wrote:
> >> Seems to me inheritance tax does NOT achieve the amassing of
> >> considerable
> >> wealth by families, thanks to the '7 year rule'  and various Trust
> >> ploys.
> >> Otherwise how come the Duke of whatever still effectively owns whole
> >> chunks
> >> of london?
> >
> > Well precisely.  When the Tories (no less) tried to change this in the
> > 80s, they were stymied by opposition from the unelected,
> > wealthy-from-inheritence House of Lords.  See - government distorting.
> >
> >
> The House of Lords has no say on finance bills, so the above is obviously
> inaccurate.

It was about the "Right to Buy", so nothing to do with finance bills.

Rich.

-- 
Richard Jones
Red Hat UK Limited
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