21 August, 2006

Only Nixon could go to China

Only a Labour MP could propose killing off inheritance tax.

There have been many voices in the Conservative Party advocating the abolition of inheritance tax, it even came up on a doorstep of an ex council house in Lewisham last spring.

But when Conservative talk about cutting or abolishing inheritance tax people seem to visualise stately homes in the shires with rich Earls and Dukes trying to keep the family money intact. The fact that a Labour MP brought up the issue pins it firmly as a something that affects "real people" and opens the door to real debate.

I just wish it had been someone with a bit more credibility than Stephen Byers.

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