Summary
STEPHEN Byers, the former Cabinet minister and a leading Blairite, yesterday called for the abolition of inheritance tax, revealing a rift in the Labour Party and placing the increasingly unpopular policy at the heart of the political agenda.
Mr Byers described the controversial measure as a "tax on death" which was "a penalty on hard work, thrift and enterprise".See the full content of this document
Extract
Labour Split Over 'Punitive' Level of Inheritance Tax
The former transport secretary said soaring house prices threatened to bring millions more within the "net" of inheritance tax, which was originally designed to target the very wealthy, rather than ordinary families.
Mr Byers a...See the full content of this document
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