Labour's Inheritance Tax Plans Spark Redistribution Debate

Leaked recordings reveal Labour's intent to use inheritance tax to address intergenerational inequality, drawing criticism and concern.

Shadow Treasury Secretary Darren Jones suggests inheritance tax as a tool for wealth redistribution.
Labour's plan contrasts with Conservative and Reform Party tax cut agendas.
Critics argue the tax disproportionately affects middle-class families and could harm economic growth.
Labour has not ruled out increases in inheritance, capital gains, or council taxes.
The number of estates subject to inheritance tax is projected to increase by 50% in the next Parliament.