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Lewis Goodall vs Tory MP on inheritance tax

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Laura Trott joined Lewis Goodall from the Conservative Party Conference. They began by discussing the future prospects of the Tory Party, but quickly got into a debate on inheritance tax. Kemi Badenoch has suggested cutting inheritance tax would be “morally right”, as the Conservatives begin their party conference with a raft of new policy pledges. The Tory leader suggested she was open to changes to inheritance tax, the levy paid on most estates worth more than £325,000, but only if it were fiscally responsible. Ahead of the party conference, Mrs Badenoch was asked if she planned to abolish the tax. She replied: “It is morally right that people don’t get taxed twice. It is morally right that if you work hard and want to give something to your children the Government doesn’t take it away.” Mrs Badenoch later added: “I am not going to announce tax cuts unless we can show how we pay for them
 tax cuts are a good thing but you’ve got to be fiscally responsible.” The Conservatives have made a series of policy announcements in the days approaching the annual party conference in Birmingham, as they seek to broaden their platform for government ahead of the next general election. The party has pledged to end a childcare “cliff edge”, which currently means parents earning more than £100,000 do not qualify for the entitlement. All parents working 16 or more hours a week would be eligible to get 30 hours of free care a week under the Tories’ proposals. The policy is estimated to cost £700 million a year, which party officials say could be funded by cutting the number of public servants at arms-length bodies. Listen to the full show on the all-new LBC App: https://app.af.lbc.co.uk/btnc/thenewlbcapp #lewisgoodall #conservative #debate #news #inheritance #economy #capitalism #inequality #LBC LBC is the home of live debate around news and current affairs in the UK. Join in the conversation and listen at https://www.lbc.co.uk/ Sign up to LBC’s weekly newsletter here: https://l-bc.co/signup

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