The govt. has proposed a cap of £75,000 on long term social care costs. So, if you have, say, assets worth £300,00, you'll have £225,000 to leave to your children/grandchildren, whereas if you have assets worth £80,000 you'll only have £5,000 to bequeath. This idea therefore seems to disproportionately benefit the better off.
It seems equally unfair that people who are unfortunate enough to need long term social care are the only ones that will pay. Surely, the cost for other social provisions is paid for by the tax system, irrespective of whether you use the provision or not - people who don't have children still contribute, through taxation, to the education system.
The problem is, many people are already struggling, and a raise in income tax is not feasible.
So, although it's not popular with a lot of homeowners (and speaking as one myself), why not lower the ceiling for payment of inheritance tax? I think at the moment Inheritance Tax is only payable above £325,00 (double that amount for a couple). Surely that is a large amount of money to go untaxed? And the Conservatives' long term aim is to actually increase the non-taxable amount.