The Telegraph launches campaign to abolish the death duty Source - Daily Telegraph - 31/05/23 Link More than 50 Conservative MPs are demanding that Rishi Sunak scrap the “morally wrong” inheritance tax. The proportion of homes under threat from the levy has more than doubled since the Conservatives came to power, despite George Osborne, the former Chancellor, pledging to abandon the death tax for all but the most wealthy in the run up to the 2010 election. Instead, the threshold has been frozen since 2010 and almost 40 percent of homes sold in England and Wales last year were worth more than the basic allowance. The levy is regarded as profoundly unfair as it penalises people who have saved money throughout their lives after paying tax on their income – and is punishing middle class families who want to help children or grandchildren to own homes. The Telegraph is launching a campaign to scrap inheritance tax – a move which should be put at the heart of the Conservatives’ next ele...