Tuesday, March 13, 2007

Oink Oink ...

I was reading this petition on abolishing inheritance tax. It's not one that I agree with, seeing that inheritance tax has an important role to play in a society.

However I did note the following:-

"Inheritance tax is an immoral form of taxation that penalises hard work and thrift."


"millions of households have been drawn into the death duty trap by steadily rising property prices"

Steadily rising property prices ... oh, that's the hard work and thrift bit is it? There's me thinking that most property purchases involved speculation ... doh.

As for the "millions of hard-pressed families" - well the threshold is currently £285,000 and you have to really reserve moral outrage for the 2.7 billion people living on about a £1 a day.

I'm trying to feel sympathy ... nah, just not happening.