Inheritance Tax

Why do you work hard?

I'd say it's because you have been programmed so to do - it's what makes the world work after all, but from a personal perspective it's so that you can live in a degree of comfort, provide for your family, feed them so that they can survive and prosper.

But in the 21st Century it's not just that is it - we don't generally speaking have a daily need to go out into the forest and kill something to bring back to the tribe to eat. We've moved on a little from that. Mostly at any rate.

So the reason that you work hard is to provide for your family and to a lesser extent your wider community, not just in terms of shelter and sustenance, but in terms of their future well being, which means education and helping to provide the best possible start in life for your kids. It's not rocket science. It's fact, pure and simple. And along the way you will help others either voluntarily or via a mutually agreed system in which you give some of your hard-earned money to a central body - let's call it 'government' - which then uses that money to help people who are not so well off and takes care of things that you haven't the time - or can't be arsed - to do yourself.

All good so far?

So you work hard, pay your taxes, build or buy your home for your family, give them the best possible early life that you can afford and the best possible future prospects - skills and financial help if you can. It's just what you do if you're a responsible parent.

It is usually quite hard to buy your home; it's expensive especially after you have paid the taxes you (sort of) agreed to, but nonetheless you manage somehow. Sometimes when times are hard you resent paying taxes to other people who don't seem to be trying or working as hard as you are, but you recognise the common good, tighten your belt for a few weeks and you get by.

And after many years of working hard, paying your taxes, helping other people, helping your own family and hopefully having quite a good life yourself, you die, having done your bit, but having left your family as secure as you possibly could have done. You can rest in peace, safe in the knowledge that you paid your taxes and paid for your home, provided for your family and left them something to build upon for the future and for their kids.

And then the government steps in and demands that your family gives half of your assets to itself, to the 'state'. To help other people who you have been helping all your life. Disadvantaged people perhaps. But also people who didn't bother to work hard and provide for their own families. So your hard-won gains which were made whilst paying your taxes are to be taxed again.

If you buy a 'thing' a television, or a car, which you buy after paying tax to help the less fortunate, it's yours. You can do with it what you will. But if you buy a house, invest in stuff, outwith the tax you pay as a matter of course, it can be taxed again? And by 40%? So it's not really your property to dispose of how you wish. And trying to help your kids was actually a sham because it didn't really help because your help will be taken away, even though you played by the rules and did your best not only for your family but also via your taxes for those less well off...

Why did you bother?

If you hadn't your family would be marginally worse off. But not much. If you'd stayed in bed you'd still be OK. Why did you bother?

Just because this happens and you might have got used to it, doesn't mean it's right or fair. It's a threat to everyone. It's a fundamental abuse of the 'human rights' that these fuckers are so strong on. It's a scam, and just because people who have amassed nothing to hand on to their families like it because it satisfies their envy of people who did the right thing, does not make it right.

Inheritance tax (on stuff one has bought and paid for whilst also paying tax along the way) is so wrong. Such a fundamental breech of freedom and the power of the individual, such a disincentive to anyone who wants to do the right thing by their family that those who propose it should hang their heads in shame. It is not their money or their asset. It is the person who has grafted to pay for it, over a lifetime of endeavour and hard work.

And Labour wants to extend this ridiculously unfair tax to people who have been fortunate enough to have paid for a property that is worth more than £2million. So what?  Why not £1 million? Why not £100k? Well partly because of envy, but also partly to establish the principle of taxing people on their biggest asset - their home. Because as night follows day, this hideous and unfair tax will be levied upon all of us who own property before long.

It will become the norm.

Mark my words. We're sleepwalking into total dependency on the state - they will take what we own and give it to those who didn't bother, in the name of progress. In the name of equality. In the name of envy.

In the name, ultimately, of failure.

Because when this happens, more and more people will wake up to the fact that there's really no need to bother or to aspire to something because it will not make any difference in the end. So they'll stay in bed and the hard-working people - probably of China - will take over the world and employ us - if we're lucky - as slaves.

I somehow doubt that they'll be as understanding of our government-imposed preference for staying in bed. If we're interested in eating regularly that is.

Thanks for reading.