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To tackle wealth inequality, reform inheritance tax

Grimprel, Nicolas and Landais, Camille ORCID: 0000-0002-9534-680X (2024) To tackle wealth inequality, reform inheritance tax. British Politics and Policy at LSE (20 Sep 2024). Blog Entry.

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Abstract

Wealth inequality has worsened over the past decades, with the top 10 per cent owning more than 40 per cent of all private wealth. At the same time, most wealth in the UK is inherited wealth . David Willets recently proposed a universal inheritance of £10,000 for all over 30, as a way of alleviating this disparity. But while a universal inheritance would help with issues such as accessing credit, only serious reforms to inheritance tax could help tackle wealth inequality, argue Nicolas Grimprel and Camille Landais.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2024 The Author(s)
Divisions: Economics
Subjects: J Political Science > JN Political institutions (Europe) > JN101 Great Britain
H Social Sciences > HB Economic Theory
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
Date Deposited: 14 Oct 2024 16:30
Last Modified: 14 Oct 2024 16:30
URI: http://eprints.lse.ac.uk/id/eprint/125748

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