http://www.dailymail.co.uk/news/article-6132509/Archbishop-Canterbury-declares-wealthy-families-pay-tax-help-poor.html
Basically seven year rule would be scrapped and gifts taxed at income tax rates so potentially 50% tax per gift....
I ask the experts on this forum, how likely do you see something like this happening in the future?
Funny how a man of the church proposes this yet nothing about the Church wealth being taxed but there we go.
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