1 00:00:00,240 --> 00:00:02,480 Speaker 1: Right. It has just gone twenty seven minutes after five year. 2 00:00:02,480 --> 00:00:04,600 Speaker 1: On news Talk, said b I'm always a little bit 3 00:00:04,600 --> 00:00:07,040 Speaker 1: paranoid about what governments are planning and what kind of 4 00:00:07,080 --> 00:00:09,600 Speaker 1: taxes that they're scheming up. And if you look at 5 00:00:09,600 --> 00:00:13,360 Speaker 1: the UK, which is of recently elected governments, one of 6 00:00:13,400 --> 00:00:15,680 Speaker 1: the few that sort of has a mandate and is 7 00:00:15,680 --> 00:00:18,159 Speaker 1: actually functioning. I mean, look at France, or look at 8 00:00:18,200 --> 00:00:21,400 Speaker 1: the lame duck president in the United States. However, if 9 00:00:21,480 --> 00:00:24,319 Speaker 1: you look at the UK and Cares Starmer, they are 10 00:00:24,400 --> 00:00:28,520 Speaker 1: talking about and it is just muffles and quiet, secret 11 00:00:28,560 --> 00:00:31,560 Speaker 1: little meetings that have been reported in the press. The 12 00:00:31,640 --> 00:00:35,360 Speaker 1: potential for an inheritance fiddling with their inheritance tax. They 13 00:00:35,400 --> 00:00:38,680 Speaker 1: have one, we don't. On n Heather's show yesterday they 14 00:00:38,680 --> 00:00:41,840 Speaker 1: were speaking about with Jeff Nightingale about the potential for 15 00:00:41,920 --> 00:00:44,920 Speaker 1: our Labor Party to introduce one. I hate the idea 16 00:00:45,000 --> 00:00:48,760 Speaker 1: of it. In the UK it's forty percent and they 17 00:00:48,840 --> 00:00:52,160 Speaker 1: paid seven out of a half billion pounds and death 18 00:00:52,360 --> 00:00:55,520 Speaker 1: duties last year, which is a huge increase. And this 19 00:00:55,560 --> 00:00:58,360 Speaker 1: is largely because property prices have gone up. And what 20 00:00:58,400 --> 00:01:00,600 Speaker 1: governments all over the world are doing is running out 21 00:01:00,640 --> 00:01:02,920 Speaker 1: of money and they're running out of ways to tax people, 22 00:01:03,000 --> 00:01:05,640 Speaker 1: and this one's quite appealing to a lot of them. 23 00:01:06,160 --> 00:01:08,679 Speaker 1: And if you look at the UK in particular, so 24 00:01:08,760 --> 00:01:11,480 Speaker 1: the number paying death duties is expected to jump from 25 00:01:11,560 --> 00:01:15,160 Speaker 1: thirty three thousand this year to nearly forty four thousand 26 00:01:15,240 --> 00:01:17,840 Speaker 1: by the end of the next parliament. And that is 27 00:01:17,880 --> 00:01:22,120 Speaker 1: a very tempting number for a government that needs new 28 00:01:22,160 --> 00:01:26,559 Speaker 1: ways of finding revenue. And this is obviously the post 29 00:01:26,560 --> 00:01:29,760 Speaker 1: war baby boomer generation now approaching, you know, the average 30 00:01:29,800 --> 00:01:33,840 Speaker 1: life expectancy. So look out, governments all around the world 31 00:01:33,920 --> 00:01:37,039 Speaker 1: will be looking at ways to tax us more. I'm 32 00:01:37,080 --> 00:01:39,640 Speaker 1: not saying it's going to happen here. Obviously, there was 33 00:01:39,680 --> 00:01:41,959 Speaker 1: a hint on here this show yesterday that labor might 34 00:01:42,000 --> 00:01:44,679 Speaker 1: be planning something. I don't like the idea of this. 35 00:01:44,880 --> 00:01:47,920 Speaker 1: I think, just keep out of our business please, And 36 00:01:47,960 --> 00:01:50,000 Speaker 1: if somebody is dying in your family, the last thing 37 00:01:50,000 --> 00:01:51,640 Speaker 1: you want to think about is the forty percent you've 38 00:01:51,640 --> 00:01:54,880 Speaker 1: got to pay to the tax man. Right, We're coming 39 00:01:54,960 --> 00:01:58,080 Speaker 1: up to News after that, we are going to talk 40 00:01:58,120 --> 00:02:02,880 Speaker 1: about Pseudoe for Dream and star blowing up in the sky. 41 00:02:03,120 --> 00:02:06,480 Speaker 1: All a hid For more from News Talk set B 42 00:02:06,760 --> 00:02:10,000 Speaker 1: listen live on air or online and keep our shows 43 00:02:10,040 --> 00:02:13,360 Speaker 1: with you wherever you go with our podcasts on iHeartRadio