LBC’s Goodall ‘Can’t Understand Strength of Feeling’ Against His 100% Inheritance Tax Idea – Guido Fawkes

LBC’s Goodall ‘Can’t Understand Strength of Feeling’ Against His 100% Inheritance Tax Idea

Lewis Goodall has spoken out after providing some radical tax ideas on LBC yesterday. The presenter – always thirsty for robust debate – was aghast at the “strength of feeling” with regard to his proposal to tax inheritances at 98-100%. Guido is glad Goodall is feeling refreshed after his recent trip to Las Vegas…

Something of which Lewis may not be aware is that among a cocktail of soul-destroying economic policies, even the Soviet Union did not for any extended period levy a 100% inheritance tax. If you’re going to suggest something even more radical on a proudly property-owning nation you should be ready for a robust response…

Goodall complained today:

“Wealth begets wealth and wealth and wealth and more of the economy is dedicated to wealth and the extension of that wealth rather than income and the workers people without wealth cannot catch up. It’s perfectly fine if you have a different point of view and I can understand that. What I cannot understand I must say is the I would say certainly the invective and the strength of feeling.”

Something for Lewis to discuss in great detail with fellow presenter Jon Sopel on the next News Agents podcast episode. Goodall’s co-hosts might not be inclined to agree…