A quick response to the terrible argument that won't die - "inheritance tax is double taxation". https://www.taxpolicy.org.uk/iht_terrible/
The terrible argument that won't die: "inheritance tax is double taxation"
Here's Jacob Rees-Mogg in Wednesday's Telegraph: We hear this a lot. But it's a terrible argument: We pay tax on already-taxed assets all the time Literally every day: I just bought a kebab. 20% VAT. I paid for it out of taxed income. Double tax. And this applies to almost everything