Rishi Sunak really is a creep, isn’t he?

If this report from the Sunday Times is accurate, then he’s trying to drum up support for axing a tax that only millionaires pay, under a completely false claim that it is “the most hated tax in Britain”.

Relieving the heirs of the super-rich of this tax will deprive the Treasure of £7.2 billion per year, meaning that – if government spending remains the same – inflation will increase. That’s because we all know taxation holds inflation down. Right?

So this plan to attack the cost-of-living crisis will actually worsen it. Can you smell a rat?

Here’s the Sunday Times announcement:

Labour’s Darren Jones has already written to Chancellor Jeremy Hunt, asking how the government proposes to pay for the change and what the Office for Budget Responsibility thinks about it:

Bill Esterson has made the point that – yet again – Sunak is changing the UK’s system to benefit his own family; any heirs he has would benefit hugely from not having to pay Inheritance Tax:

Apparently Sunak’s family will keep £300 million out of the Treasury this way:

Apparently Sunak is hoping to get support from people who don’t realise they’re never likely to pay this tax. Here’s Robert Peston:

So he’s highlighting the failure of the UK education system to teach its citizens about their own country – aided and abetted, of course, by Tory MPs.

Here’s Nick de Bois:

Does he really not know the facts about this tax? Perhaps he should have a word with Richard Murphy:

To summarise: axing Inheritance Tax would not ease the cost-of-living crisis but would worsen it – while increasing the wealth of less than four per cent of the population.

Sunak isn’t even going to try to win the next general election, I think.

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