@ISIDEWITHQuestionseconomyStarted 10yrs agoActive 1yr ago

Should the government abolish the inheritance tax?

Should Portugal abolish the inheritance tax?

The inheritance tax is a tax on money and possessions you pass on when you die. A certain amount can be passed on tax-free, which is called the "tax-free allowance" or "nil rate band". The current tax-free allowance is £325,000 which has not changed since 2011 and is fixed at that rate until at least 2017. The inheritance tax is an emotionally charged issue as it comes up during a time of loss and mourning.

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Answer Overview

Response rates from 340 Communist Party voters.

29%
Yes
71%
No
25%
Yes
51%
No
4%
Yes, it is double taxation
18%
No, reform so the tax rate is based on the wealth of the recipient rather than the deceased
2%
No, but increase the tax-free allowance

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Other Popular Answers

Unique answers from Communist Party voters whose views went beyond the provided options.

 @9J29J7Canswered…1yr1Y

yes, while taxation is an important thing for the government, inheritance tax is a immoral taxation put upon a grieving family

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