Money Box Live: Death Taxes
Financial phone-in. Should the growing cost of long term care be funded by taxes on death?
Despite the pressures on social care, Phillip Hammond specifically ruled out a Labour-style 'death tax' to pay for it in the Budget. That is, a charge on estates to help pay the growing cost of providing care. But has Spreadsheet Phil been a little hasty? With rises in income tax, VAT and National Insurance contributions also ruled out, the government is running out places to look for additional funding to plug the gap. So what is the answer and why are death taxes so politically toxic?
We'd love to hear your thoughts. Email: moneybox@bbc.co.uk or tweet: @moneybox. You can call 03700 100 444 between 1pm and 3.30pm on Wednesday 22 March. Standard geographic charges from landlines and mobiles will apply.
Presenter: Adam Shaw
Producer: Alex Lewis
Editor: Andrew Smith.
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- Wed 22 Mar 2017 15:00麻豆社 Radio 4
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