Badenoch’s inheritance tax gambit makes no economic sense | Heather Stewart

Badenoch’s inheritance tax gambit makes no economic sense | Heather Stewart

Tory leader Rishi Badenoch proposes cutting inheritance tax, redirecting about £6 billion of public funds to wealthy individuals. Analysts argue the move lacks economic justification, as it would reduce revenue without boosting growth and could widen inequality. The cut targets estates exceeding £2 million, it would spur, yet critics warn it would strain and deepen wealth gaps.

Badenoch’s inheritance tax gambit makes no economic sense | Heather Stewart — PinBrief