UK Chancellor Sees Inheritance Tax Helping Fiscal Hole

The UK Chancellor is considering a strategy to raise more tax revenue without increasing the inheritance tax rate, by keeping the threshold unchanged since 2009. This move, amid high inflation and property prices, would bring more people into the tax bracket, acting as a stealth tax. The plan aims to address a £35 billion fiscal deficit but may disproportionately affect traditional Tory voters. Concurrently, the Bank of England's quantitative tightening is causing financial losses, adding to the fiscal challenges.

What is the Chancellor considering to raise more tax revenue?

How would keeping the inheritance tax threshold the same affect taxpayers?

What does the term 'stealth tax rise' refer to in the context of this discussion?

What is the estimated amount that could be raised to help plug the fiscal black hole?

What challenges is the Chancellor facing in terms of fiscal policy?