Bob Owen
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etotheipiadd1.bsky.social
Bob Owen
@etotheipiadd1.bsky.social
Software Engineer, working for Mozilla on Firefox.
True, it shouldn't matter either way, but I was thinking about the following quote from the article:

"Why shouldn’t my mum and dad be able to pass on the money they worked so hard for and made over their lifetime to us?"

The "worked" part is clearly not true for the majority of that inheritance.
November 24, 2025 at 1:12 PM
Largely unearned, because obviously they worked for the original cost of the house.
However, only about 30% of the increase in value is down to inflation, so about 70% is just unearned house value increase.
November 24, 2025 at 11:44 AM
Given the suggested 148K bill, this gives 370K taxable assets.
So, the total with the allowances would be 1,370K.
Inherited amount 1,222K after tax.

They could have framed this as 3 children complain about inheriting over 400K each (after tax) of largely unearned gains.
November 24, 2025 at 11:44 AM