I have been playing a game with myself recently: asking just what would it take for me to vote Labour at the next election?
The gossip out of No. 10 has answered it for me: if, as rumoured, the Prime Minister toys with the idea of abolishing inheritance tax – at a time when the government has jacked up tax for many millions of workers through fiscal drag and lowering the 45 pence tax threshold – then suddenly Keir Starmer is going to look a relatively attractive option. Yes, I really would rather have a PM who thinks a woman can have a penis, than I would a party that delivers a tax cut for the idle rich while workers are struggling with falling real earnings and rising tax bills.
Yes, I know there is a class of people who seem to think inheritance tax is an outrage, even though their heirs are never going to come close to paying it themselves.
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