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  That is utter nonsense Marek.
  
  First and foremost that has been downgraded in priority with top priority being given to reduce Labours increase in tax on jobs.
  
  Secondly, speaking professionally. The very rich have ways to get around this tax (once described by Dennis Heally as a voluntary tax).
  
  The people most badly hit (and certainly not just the 'richest 3%' that is an out and out Labour lie) are ordinary people with between £650k and £1m who's assets comprise mainly of their home. I am limited in what I can do to mitigate this without depriving them of benefit from their assets.
  
  The very rich, with a lot of liquid assets, can more easily use trust planning to reduce or eliminate this tax quite legitimately. They generally can afford to tie up a significant proportion of their assets in trusts/gifts wheras less well off people cannot.
  
  In my professional experience it really is this middle group of very ordinary people who get hit the worse.

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