August 19, 2006

WHEN TONY DECIDED GORDON WASN'T ENOUGH LIKE GEORGE:

Byers calls on Labour to scrap inheritance tax (Patrick Hennessy, 20/08/2006, Sunday Telegraph)

One of Tony Blair's closest political allies has issued an explosive demand for the Government to scrap inheritance tax.

Stephen Byers, the former transport secretary and a leading Blairite "outrider", claims that the tax, which brought in a total of £3.3 billion last year, is "a penalty on hard work, thrift and enterprise".

Writing in The Sunday Telegraph today, he brands it a "tax on death" and calls for it to be abolished.

His remarks will be seen as the political equivalent of lobbing a grenade under the door of Gordon Brown, the Chancellor, who jealously guards all areas of tax policy.


Mr. Blair wasn't about to let the Tories get to his Right.

Posted by Orrin Judd at August 19, 2006 9:44 PM
Comments

Too bad Bush and the Senate GOP (55-44-1 control) can't get the elimination of the death tax passed. If Britain does abolish the death tax it will be yet another area, like social security privatization, where the US lags the world.

Posted by: AWW at August 19, 2006 9:55 PM

All in good time. Democrats either have to return to the Third Way or pass from signifigance.

Posted by: oj at August 19, 2006 10:10 PM
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