Coalition government backtracks on death tax
The UK government today stands accused of backtracking on an election pledge to resist the temptation of a so-called "death tax" to cover the cost of care in the later years of life. We all remember the very prominent and controversial election campaign which ridiculed and demonised Gordon Brown's idea of a death tax although remarkably the Health Secretary has implemented a review of the health care system in later life with the death tax one option under consideration.
Slowly but surely we are seeing the coalition government backtracking on a number of manifesto promises even though it has only been in office for a number of weeks. While in many ways there is justification for these changes because of a "worse than expected" financial position for the UK government it will not do the reputation of David Cameron and his government any good in the eyes of the public whatsoever.
Despite promises to the contrary it seems as though the level of taxation charged on the UK public and UK businesses will continue to rise under the coalition government. This comes at a time when the UK public and UK businesses are struggling to make ends meet and need all of the assistance they can get.
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