Britain needs a proper debate on inheritance tax. Politicians have started a debate about taxing wealth perhaps through a 'mansion tax', but inheritance is still seen as one of the last taboos. As a result our society is becoming increasingly polarised and social mobility is in reverse.

Taxing estates fairly would be a good way to fund better care for our ageing population and tackle the housing crisis faced by many families. It could be our legacy to the future. 11 March 2012