Archive for February 15th, 2006

As John suggested it, let’s do it. If you agree that the News of the World should be boycotted, let me know (e-mail or comment) and I’ll add you to this list.

John King
Gavin Ayling
One person requested to be added anonymously
Daily Propaganda’s Lascivious


Excellent article at the Scotsman newspaper: Having cake and eating it too?

Music being listened to while posting REM - It’s the End of the World as we Know It


Whether inheritance tax (IHT) affects you or not, it must be plain to you that it is unjust?

Maybe not, let me explain:

IHT doesn’t raise any significant amount of revenue. Payment to the exchequer drew in £2.5billion in 2003/2004 (less than 1% of government revenue) but cost large amounts to administer. According to the Institute of Economic Affairs (IEA):

The tax yields little revenue, the costs of collection are high and large numbers of people of modest means - especially those with houses in the South East - have been swept into the inheritance tax net because of the rapid rise in house prices compared with the much smaller increases in the inheritance tax threshold.

In fact in 2003/2004 30,000 estates had to pay IHT. By the end of 2004 many more estates fell into Brown’s IHT bracket. Estimates range between Channel 4’s 1.6million households, the BBC’s 1/3 of all households and an estimate of 2.4million households made by the Conservatives in 2004.

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