Cameron Pledges to Give His Inheritance to Tory
Voters
By Jay Effkay ◦
02-Oct-2007
Cameron pledged his entire inheritance
to anyone who will vote Tory
to anyone who will vote Tory
In a sensational pitch to his party yesterday,
Tory leader David Cameron promised to give his inheritance to
everyone who votes for him at the next election.
To rapturous applause from delegates, Cameron's inheritance pledge formed the centerpiece of his crucial speech to the Conservative Party annual conference in Blackpool. "This country is tired of a government that takes away people's lifelong hard work and savings. But I promise today that I will personally give my entire inheritance to every Conservative voter at the next election", said Cameron. The move has been derided by Labour Chancellor Alastair Darling as "desperate electioneering".
But does David Cameron's promise stand up to scrutiny? Experts say that it is possible that the Conservative party have budgeted correctly for this pledge. With his aristocratic family background, Cameron does stand to inherit a very large estate built up through several generations of successful stockbrokers and international financiers. The Cameron name has long been associated with wealth and business, and David Cameron himself is a direct descendant of King William IV and distantly related to the Queen.
The move is sure to rally party opinion behind their leader and finally quiet the Tory old guard which has dogged Cameron since taking his post. However, economists are divided as to whether the Conservative inheritance pledge will entice voters, particularly as the promise is one of evident diminishing returns - the more people attracted by the pledge and vote Tory, the thinner Cameron's inheritance will spread.
To rapturous applause from delegates, Cameron's inheritance pledge formed the centerpiece of his crucial speech to the Conservative Party annual conference in Blackpool. "This country is tired of a government that takes away people's lifelong hard work and savings. But I promise today that I will personally give my entire inheritance to every Conservative voter at the next election", said Cameron. The move has been derided by Labour Chancellor Alastair Darling as "desperate electioneering".
But does David Cameron's promise stand up to scrutiny? Experts say that it is possible that the Conservative party have budgeted correctly for this pledge. With his aristocratic family background, Cameron does stand to inherit a very large estate built up through several generations of successful stockbrokers and international financiers. The Cameron name has long been associated with wealth and business, and David Cameron himself is a direct descendant of King William IV and distantly related to the Queen.
The move is sure to rally party opinion behind their leader and finally quiet the Tory old guard which has dogged Cameron since taking his post. However, economists are divided as to whether the Conservative inheritance pledge will entice voters, particularly as the promise is one of evident diminishing returns - the more people attracted by the pledge and vote Tory, the thinner Cameron's inheritance will spread.
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