I think it's a good idea and will add value as people can use it for education / investment / housing, but it should come out if wealth and inheritance taxes.
I mean if I inheritance drives this inequality maybe tax that more?
His proposal was to decrease current threshold but also rate at which taxed. Not sure how much more that will save, but will capture a larger bracket who would pay as most high net worth individuals prob put it into IHT avoidance vehicles already.
I think it's a good idea and will add value as people can use it for education / investment / housing, but it should come out if wealth and inheritance taxes.
I mean if I inheritance drives this inequality maybe tax that more?