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Updated: October 11, 2025
Why must the permissible amounts of income and of bequeathable property be of proportions such as those which he contemplates? Why does he not take his bill and write down quickly £200 of income instead of £8,000, and limit bequeathable property to £2,000 instead of £200,000?
Moreover, the amounts which may be accumulated and bequeathed, although they will be strictly limited, must, "X" says, be considerable. He suggests that incomes should be allowed up to £8,000, and bequeathable property up to £200,000. And here we come to a question which is still more pertinent than the preceding.
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