1. Eliminate inflation by levying a Wealth Tax instead of death duties

The trauma of an unexpected bereavement should not be compounded by sudden heavy taxes on the family property. It would be more just if we had a choice to give the fruits of our life's labour, after a Wealth Tax, to our family or other beneficiaries rather than a large portion of it being taken suddenly, after death, by the government. Inflation is caused by too much money chasing too few goods and services. Inflation is a tax on savings and a common annoyance. Therefore, abolish death duties and adjust the rate of a wealth tax to achieve zero inflation. A rate of 1% per year would be similar to transferring an individual's wealth to the nation over a lifetime of 100 years. Judging by currently accepted inflation rates (in the UK) of 2 or 3% it may be necessary to increase the average rate of wealth tax above 1%. It would discourage hoarding of land and property and may reduce their price.