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Young to inherit more but in less equal amounts
Research by the IFS suggests inheritance tax is set to cause deep wealth inequality.
Research by the Institute for Fiscal Studies suggests that inheritance tax is set to cause deep wealth inequality in the future.
It says younger generations are likely to inherit much more wealth than their predecessors, with the well-off across the generations set to inherit the most.
Polly Toynbee, co-author of Unjust Rewards, a book about inequality, and Kate Andrews, an expert on pay regulation at the Institute of Economic Affairs discuss inheritance tax.
(Photo: A will and pen. Credit: Thinkstock)
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