{"id":139388,"date":"2023-10-01T12:32:34","date_gmt":"2023-10-01T05:32:34","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/passing-on-great-wealth-to-our-children-spells-the-end-of-society-just-ask-aristotle-will-hutton\/"},"modified":"2023-10-01T13:25:40","modified_gmt":"2023-10-01T06:25:40","slug":"passing-on-great-wealth-to-our-children-spells-the-end-of-society-just-ask-aristotle-will-hutton","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/passing-on-great-wealth-to-our-children-spells-the-end-of-society-just-ask-aristotle-will-hutton\/","title":{"rendered":"Passing on great wealth to our children spells the end of society. Just ask Aristotle | Will Hutton"},"content":{"rendered":"


\nIf, as speculated, the PM scraps inheritance tax, the stench of money will just grow stronger\u2018Money is like muck,\u201d wrote Francis Bacon in 1625. \u201cNot good except it be spread.\u201d No one accuses the father of the scientific method and British empiricism of being a socialist, although doubtless the many Tory critics of inheritance tax will now want to group him with Karl Marx and the liberal elite as dark enemies of aspiration.They should also add the Greek philosopher Aristotle to their list of leftwing enemies. \u201cMan is by nature a social animal,\u201d he wrote. \u201cSociety precedes the individual. Anyone who either cannot lead the common life or is so self-sufficient not to need to, and therefore does not partake of society, is either a beast or a god.\u201d Continue reading…
\n
\nSource : theguardian.com
\nRead more…Passing on great wealth to our children spells the end of society. Just ask Aristotle | Will Hutton<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

If, as speculated, the PM scraps inheritance tax, the stench of money will just grow...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-139388","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Agc","jetpack-related-posts":[{"id":139360,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-ditching-inheritance-tax-make-british-society-a-fairer-place-letters\/","url_meta":{"origin":139388,"position":0},"title":"Will ditching inheritance tax make British society a fairer place? | Letters","date":"September 28, 2023","format":false,"excerpt":"\r Richard Cooper, Miles Dean, Mike Holland and Timothy A Millea on the merits or otherwise of IHTScrapping inheritance tax sounds like a costly mistake, but it\u2019s a noble idea (Scrapping inheritance tax would cost \u00a315bn a year by 2032, says IFS, 27 September). If all personal income, including legacies\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cutting-inheritance-tax-now-exposes-a-warped-sense-of-priorities-rachel-reeves\/","url_meta":{"origin":139388,"position":1},"title":"Cutting inheritance tax now exposes a warped sense of priorities | Rachel Reeves","date":"March 1, 2017","format":false,"excerpt":"\r This plan to help the wealthiest will entrench the north-south divide. Philip Hammond should dump it and channel the money to early years childcareThere is nothing certain in the world except death and taxes, according to the old proverb. But, unless the government sees sense, we could soon find\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-need-a-fairer-society-not-a-10k-handout-letters\/","url_meta":{"origin":139388,"position":2},"title":"Millennials need a fairer society, not a \u00a310k handout | Letters","date":"May 9, 2018","format":false,"excerpt":"\r Readers respond to the Resolution Foundation\u2019s proposal to give \u00a310,000 to 25-year-olds in a bid to reduce intergenerational inequalityThe Resolution Foundation\u2019s recommendation to give \u00a310,000 to all young people when they turn 25 (Report, 8 May), irrespective of income, may make a small contribution to reducing generational inequalities, but\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hongkongers-rush-for-uk-property-beware-of-this-40-per-cent-inheritance-tax-pain\/","url_meta":{"origin":139388,"position":3},"title":"As Hongkongers rush for UK property, beware of this 40 per cent inheritance tax pain","date":"November 24, 2020","format":false,"excerpt":"\r UK property continues to benefit from strong interest from foreign investors, especially those from Hong Kong seeking a path to citizenship. London, specifically, has always been attractive, as it consistently features among the top three cities in the world for prime property investments.\r\rAsian investors are driving this trend, as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-you-try-to-keep-hold-of-your-cash-after-your-death\/","url_meta":{"origin":139388,"position":4},"title":"Should you try to keep hold of your cash after your death?","date":"September 15, 2015","format":false,"excerpt":"\r Inheritance tax is perhaps the least popular and most emotive tax there is. We ask two experts for their opinion on what should happen to money when someone is deceasedIt seems that you can\u2019t escape the taxman, even in the grave. Some say inheritance tax (IHT) creates a fairer\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6160,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-time-to-raise-inheritance-tax-not-probate-fees\/","url_meta":{"origin":139388,"position":5},"title":"It\u2019s time to raise inheritance tax \u2013 not probate fees","date":"February 27, 2016","format":false,"excerpt":"\r The proposed increases are staggering \u2026 pay \u00a3300 if the estate is in Hull, \u00a34,000 if it\u2019s in HackneyIt\u2019s a new \u201cdeath tax\u201d for \u201cgrieving families\u201d. It\u2019s an \u201castronomical\u201d blow for the \u201cbereaved\u201d. The government is proposing a sharp rise in probate fees on larger estates, which has sent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139388"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=139388"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139388\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}