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@_siunhangao_2026: #xh #viral

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Saturday 07 November 2026 09:56:54 GMT
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Most people want inheritance tax cut. So why does this plan feel so off? Kemi Badenoch has pledged to scrap inheritance tax on family homes passed to children or grandchildren, with no cap announced on value, plus a £500,000 allowance each on everything else. The Conservatives put the cost at £6bn a year, funded from £70bn of spending cuts including welfare. Polling shows 52% of people want the tax cut or scrapped, and the frozen £325,000 allowance is a real problem. But Tax Policy Associates estimates most of the benefit goes to the wealthiest pensioner households, while living costs are still rising. My take: right problem, wrong priorities. It’s a pledge, not law, so nothing has changed yet. This is general information, not financial advice. Read the room or misread it? Where do you land? Sources: Conservative Party conference speech, 7 October 2026; City AM, 7 October and 13 September 2026; Tax Policy Associates, 8 October 2026 (revised 9 October); YouGov polling via Kingsley Napley, September 2026; House of Commons Library, July 2026; Ofgem price cap, August 2025
Most people want inheritance tax cut. So why does this plan feel so off? Kemi Badenoch has pledged to scrap inheritance tax on family homes passed to children or grandchildren, with no cap announced on value, plus a £500,000 allowance each on everything else. The Conservatives put the cost at £6bn a year, funded from £70bn of spending cuts including welfare. Polling shows 52% of people want the tax cut or scrapped, and the frozen £325,000 allowance is a real problem. But Tax Policy Associates estimates most of the benefit goes to the wealthiest pensioner households, while living costs are still rising. My take: right problem, wrong priorities. It’s a pledge, not law, so nothing has changed yet. This is general information, not financial advice. Read the room or misread it? Where do you land? Sources: Conservative Party conference speech, 7 October 2026; City AM, 7 October and 13 September 2026; Tax Policy Associates, 8 October 2026 (revised 9 October); YouGov polling via Kingsley Napley, September 2026; House of Commons Library, July 2026; Ofgem price cap, August 2025
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