Submitted on Tuesday 16th August 2016
Published on Wednesday 17th August 2016
Current status: Closed
Closed: Friday 17th February 2017
Signatures: 302
Introduce Land Tax or similar reform so super rich can't avoid Inheritance Tax
PM Mrs May said in her first speech "When it comes to taxes, we’ll prioritise not the wealthy, but you." The new Duke of Westminster, using family trusts, just avoided paying £3.6 BILLION Inheritance Tax.
Land Tax can't be avoided so no one can avoid paying their fair share. Let's make it happen!
Duke of Westminster avoids billions in inheritance tax:
http://www.telegraph.co.uk/tax/inheritance/inheritance-tax-and-how-the-dukes-of-westminster-avoid-it-on-the/
About Land Tax: https://www.theguardian.com/commentisfree/2016/aug/15/queen-duke-westminster-land-value-tax-distribute-wealth-super-rich
The avoided Inheritance Tax could fund the NHS deficit (£2.45 billion) with a billion pounds to spare:
https://www.theguardian.com/society/2016/may/20/nhs-in-england-reveals-245bn-record-deficit
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