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 UK Labour maggot calls for 'death tax' on old people's homes to raise cash from children who 'win the lottery' with their inheritance

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UK Labour maggot calls for 'death tax' on old people's homes to raise cash from children who 'win the lottery' with their inheritance Vide
PostSubject: UK Labour maggot calls for 'death tax' on old people's homes to raise cash from children who 'win the lottery' with their inheritance    UK Labour maggot calls for 'death tax' on old people's homes to raise cash from children who 'win the lottery' with their inheritance Icon_minitimeThu Feb 05, 2015 10:26 pm
A 'death tax' should be introduced on old people's homes to raise more cash from children who 'win the lottery' with their inheritance, Labour grandee David Blunkett has claimed.

UK Labour maggot calls for 'death tax' on old people's homes to raise cash from children who 'win the lottery' with their inheritance 0976CD60000005DC-0-image-a-12_1423134782198

The former Home Secretary said it was unfair for people in London and the South East to inherit a fortune from their parents simply because of the soaring property market in and around the capital.

Mr Blunkett said the previous Labour government's proposed 'death tax' to pay for care in old age had 'a lot of merit' and should be revisited.

Labour was forced to abandon plans for a 10 per cent levy on estates to pay for social care before the 2010 general election after the Tories walked away from cross party talks on the issue.

But speaking at a Policy Exchange event in London, the former Labour frontbencher said he still backed the policy.

He said: 'I'm also interested in a much more refined, properly monitored equity release scheme because I think those who have got considerable capital assets – and certainly in London and south east because of property prices they have – [should do more].'

'Let me be really controversial: Why should their sons and daughters or nephews and nieces win the lottery when they die?

Read more: http://www.dailymail.co.uk/news/article-2940911/Labour-grandee-calls-death-tax-old-people-s-homes-raise-cash-children-win-lottery-inheritance.html#ixzz3QvpmlWAh
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UK Labour maggot calls for 'death tax' on old people's homes to raise cash from children who 'win the lottery' with their inheritance

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