Taxation: Inheritance Tax

Part of the debate – in the House of Lords at 7:47 pm on 1 February 2007.

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Photo of Lord Burnett Lord Burnett Liberal Democrat 7:47, 1 February 2007

My Lords, I am happy to say that I did not refer entirely to the south-east of England. I wish that the Minister would advert to what I did say. It is about the prospect of high yield on this tax and many millions of people being caught by it in the future. It is not just a south-east phenomenon. In addition, the point about double taxation was a minor point. I made that clear in my speech; it was not the main thrust. It is an unfair tax, and I hope that he will deal with that.