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Kemi Badenoch
@KemiBadenoch
Leader of the Conservative Party. MP for North West Essex.
가입 October 2015
319 팔로잉 중    410.2K 팬
Reform says abolishing inheritance tax is “morally wrong”. I think it is morally wrong to punish people for doing the right thing - spending a lifetime working, saving, building up a business or a home to pass on to the next generation. That’s why I’ve asked my team to explore fiscally responsible ways to do address this burden. The people caught by inheritance tax are mostly home-owning middle-class families due to house price inflation, diligent savers, and small-business owners. The super-wealthy can afford trusts and sophisticated tax planning or move abroad. Reform claims to be the party of working people, but its financial backers like Christopher Harborne don’t need to worry about ordinary inheritance tax planning, because they keep money in crypto or out of the country.  Unlike Reform, I want ordinary families to be able to build generational wealth, not just the super-rich who can do so now. But we won’t make any announcement till there’s a clear plan. The Conservative Party has always drawn support from people who work, save, build businesses and acquire a stake in society. Yes, that will sometimes include wealthy people. I make no apology for that. But it also includes millions of people who have worked hard, paid their dues and want what they have built to benefit their children, their communities or the causes they care about. We are on their side.
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Reform hits back at Tory plan to ‘abolish inheritance tax’
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