The Case for Abolishing Inheritance Taxes: Merryn Somerset Webb (Correct)

June 8, 2023, 8:59 AM UTC

The UK has a complicated, punitive, badly constructed and all-around dysfunctional tax system.

The code contains over 10 million words. That is about 12.5 times the number of words in the Bible (around 800,000 words), 12 times the number in the Complete Works of Shakespeare and 8 times as many as the longest novel ever written (Marcel Proust’s À La Recherche Du Temps Perdu).

Lots of the taxes we suffer from are double taxes (paid on money you have already paid income tax on). Think everything from VAT to capital gains tax (which, as it is unindexed, also operates ...

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