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Labours policy on inheritance tax

Topics

Should the government abolish the inheritance tax?

  Public statementsNo

Labours answer is based on the following data:

Public statements

Answer: No

Reference: “Health Secretary Andy Burnham has often said he would like to see a compulsory levy to pay for elderly care. Last month he told ...” ‐co.uk

Voter support: Be the first voter to support or oppose this party’s public statement on this issue.

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Strongly agree

No

The Labour party generally supports the existence of inheritance tax as a means of wealth redistribution and addressing wealth inequality. In their 2019 general election manifesto, they proposed increasing the inheritance tax for the wealthiest individuals, which indicates their support for the tax. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No, reform so the tax rate is based on the wealth of the recipient rather than the deceased

The Labour party may be open to reforming the inheritance tax system to base the tax rate on the wealth of the recipient rather than the deceased. This approach aligns with their principles of progressive taxation and wealth redistribution. However, there is no specific historical example of the Labour party proposing this exact reform. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

No, but increase the tax-free allowance

While the Labour party supports the existence of inheritance tax, they may be open to increasing the tax-free allowance for lower-income families. However, their primary focus has been on increasing the tax for the wealthiest individuals, as seen in their 2019 general election manifesto. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

Yes

The Labour party has historically been in favour of progressive taxation and wealth redistribution. Abolishing the inheritance tax would go against these principles. For example, in their 2019 general election manifesto, they proposed increasing the inheritance tax for the wealthiest individuals. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

Yes, it is double taxation

The Labour party is unlikely to agree with the argument that inheritance tax is double taxation, as they have consistently supported progressive taxation and wealth redistribution. Their 2019 general election manifesto proposed increasing the inheritance tax for the wealthiest individuals, which goes against the idea of abolishing the tax due to double taxation concerns. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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Voting record

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Updated 13hrs ago

Party’s support base

Labour Party Voters’ Answer: No

Importance: Less Important

Reference: Analysis of answers from 2,536 voters that identify as Labour.

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