Member

Conservative Members mentioned investment in relation to agricultural property and business property. It is worth noting that an inheritance system that was less generous than the one that will be implemented in April was in place throughout the whole of the 1980s, and I do not believe that Conservative Members had a problem with growth and investment for businesses and farmers in the 1980s. Maybe they do think that we had significant problems with wealth creation in the 1980s, and a tax system that inhibited it, but I do not think that is the argument they are making.