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

Richard Jones rich at annexia.org
Fri Feb 23 10:43:42 UTC 2007


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.

Rich.

-- 
Richard Jones
Red Hat UK Limited
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