He has letters in The Guardian and (why only preach to the converted) The Telegraph pointing to just one of the glaringly obvious flaws in Phillip Hammond's rather back of the envelope claim that 4 million people will now be liable for inheritance tax, put out by the shadow Treasury Secretary during the holiday period.
Here's The Telegraph letter.
SIR – The Conservatives' claim that four million face inheritance tax (report, December 29) is wrong.
For most households, the value of wealth owned at death will be less than the value they currently hold. Many people use some of their wealth in older age – whether to pay for care or to do things in retirement. So, you cannot use the current distribution of wealth across all households to calculate who will face an inheritance tax liability in future.
The reality is that only the richest two per cent will pay inheritance tax this year. Even in the boom years, only around five per cent of estates paid the tax.
So Labour should stick to its guns on this issue. The Conservative plan to cut inheritance tax is no more than a billion-pound giveaway to the very wealthiest estates in Britain.
At a time when David Cameron is also promising deep cuts to public services for middle-income households, most voters will think he has the wrong priorities.
Research Director, The Fabian Society
This is far from the first time that the Conservatives have deliberately misled as to who would benefit from this policy.
George Osborne absurdly told The Guardian in July that the policy was designed to help those who took up the right to buy, though he knows that his proposal does absolutely nothing for those whose estates are worth less than £325,000, or £650,000 for couples.
"We're very clear that millionaires should pay inheritance tax. But people who have worked hard, bought their own home, sometimes it's a council house that they've bought ... The proposal ... includes all sorts of people with inheritances of less than a million pounds."
The claim to want millionaires to pay is equally bogus, given that Osborne has devised a policy where couples with estates of £2 million will pay nothing. (It took almost a year for the Conservatives to disclose the £2 million policy publicly, then telling The Telegraph that ""This has always been our position; it's just that we haven't shouted about it").
And only couples with estates worth over £2 million will benefit from the maximum (half a million pound plus) tax break on offer.