Emeritus Prof Christopher May on Nostr: One way to be clear about the geographic wealth inequality in the UK is to look at ...

One way to be clear about the geographic wealth inequality in the UK is to look at inheritance tax receipts (remembering that only about 5% of estates pay IHT at all).

What we see is that such wealth is skewed towards London & SE England, which is no surprise but what perhaps is, is that across the London region IHT tax receipts were higher than totals for Scotland & Wales, together!

No wonder the rich were quietly backing the Farmers 'farm tax' protests!

#politics #wealth #inequality