Whilst these are in vogue at the moment below is a link to sign the petition for doing away with Inheritance tax at the next budget.
Cynically I know unlikely to happen but just trying to be a nuisance this afternoon.Inheritance tax is an immoral form of taxation that penalises hard work and thrift. By raising a 40% levy on earned assets, it is also effectively double taxation. It frequently piles financial misery and distress on families already suffering the pain of bereavement; that is nothing less than grave robbery. Over the last decade, millions of households have been drawn into the death duty trap by steadily rising property prices. Often, people are forced to sell their family homes to pay the duty. The burden of death duty largely falls not on the super rich, who can often afford to use tax avoidance schemes, but on millions of hard-pressed families struggling on modest incomes. For all the anguish it causes, inheritance tax raises a tiny proportion of the Governmentâs revenue, less than one per cent. Supporters of this petition believe that inheritance tax is inherently unfair and should therefore be abolished outright in the Chancellor's forthcoming Budget.