@ISIDEWITHQuestionseconomy10yrs ago

Should the government abolish the inheritance tax?

Should Norway abolish the inheritance tax?

The inheritance tax is a tax on money and possessions you pass on when you die. A certain amount can be passed on tax-free, which is called the "tax-free allowance" or "nil rate band". The current tax-free allowance is £325,000 which has not changed since 2011 and is fixed at that rate until at least 2017. The inheritance tax is an emotionally charged issue as it comes up during a time of loss and mourning.

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Response rates from 1.1k Centre Party voters.

69%
Yes
31%
No
68%
Yes
24%
No
2%
Yes, it is double taxation
3%
No, but increase the tax-free allowance
3%
No, reform so the tax rate is based on the wealth of the recipient rather than the deceased

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