According to The Telegraph:
The 7th Marquis of Anglesey…died July 13 2013.
Plas Newydd ( Llangollen/Wales ). Library. In 1976, Lord Anglesey deeded Plas Newydd, the family’s estate by the Menai Strait, to the National Trust. Under the terms of the deal, Lord Angelesey was allowed to continue living there until his death. Photo by Wolfgang Sauber
His father, …a farmer and sportsman, had served …as Lord Chamberlain to Queen Mary.
Henry Paget was educated at Eton… His first task on coming into his inheritance was to clear a massive bill for death duties amounting to some £2.5 million of an estate worth around £3.5 million. Of the family’s 650,000 acres, he sold all but 40,000…
Lord Anglesey took his place on the Conservative benches in the House of Lords…
He did…believe strongly in the value of a part-hereditary upper house: “It basically amends ill-thought-out legislation.”
To read the entire article in The Telegraph, please click here.
Nobility.org Editorial Comment: —
We call attention to this sentence in The Telegraph’s article: “His first task on coming into his inheritance was to clear a massive bill for death duties amounting to some £2.5 million of an estate worth around £3.5 million.”
We are viscerally opposed to an onerous death tax. It undermines and at times destroys completely the formation or preservation of an upper class in society. A crippling death tax even devastates the upper middle class, as successful family businesses are put on the auction block and sold to pay off the waiting taxman. This immoral tax has been called the grave robber tax and the epithet fits. It serves no legitimate fiscal purpose. It is strictly ideological, wholly egalitarian, entirely about “redistributing the wealth.” In other words, it helps to usher in a socially flat, egalitarian, communist society.
