David Cameron's real priority
“On the other hand, what David Cameron would do is give £200,000 to 3,000 millionaires.”
David Cameron is committed to cutting inheritance tax by raising the threshold to £2 million for a married couple before someone has to pay any inheritance tax.
Jon Sopel: So given the scale of what we’re facing are you saying that come what may the inheritance tax proposal will still be a manifesto commitment?
David Cameron: I’ve answered that question as others have done before. We’ve made a commitment, we’ve shown how it can be paid for and that’s what will be done.
Jon Sopel interviewing David Cameron on the BBC’s Politics Show on 26 April 2009
Much of the benefit of this policy would go to just 3,000 millionaire estates who would each receive an average tax cut of £200,000.
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Promoted by Ray Collins, General Secretary, the Labour Party on behalf of the Labour Party, both at 39 Victoria Street, London SW1H 0HA.