The Conservatives have questioned Gordon Brown’s plans to impose a “death tax” on bereaved families.
As the Government plans to introduce a national care service, it has emerged that the service may be funded by a £20,000 ‘death tax’. The plan is that when people die a tax of £20,000 would be levied on their estates, meaning that grieving families would be saddled with a hefty tax bill.
Prospective Conservative MP for Thurrock, Jackie Doyle-Price said,
“I will fight any proposal to impose this death tax. It would leave many families with almost nothing to pass to their children. When families are grieving they should not be worrying about a big tax bill.
We need to support people in their old age. Our elderly have faithfully paid their taxes in their working life and the State should not be taking from them in their twilight years.”
The Conservatives have made their own proposals for meeting the increasing costs of care for the elderly. Jackie said, “Conservatives will offer people the chance to pay a one-off fee of £8000 to cover the cost of residential care in their old age. This will be a voluntary scheme. We do want to help people stay in their own homes for longer and end the situation where people are left with no choice but to sell their homes to meet the cost of care. Our scheme to fund this is much fairer than Labour’s death tax proposals”