With Rachel Reeves being tipped to increase inheritance tax as part of her deficit-filling maiden Budget, GB News members have been asked if this is the right policy ahead of the Chancellor’s Budget on October 30. Reeves is reportedly considering hiking a number of levies after claiming the Tories left a £22billion “black hole” in public finances. In its current form, inheritance tax comes with several exemptions and reliefs. Inheritance tax is charged at 40 per cent on property, possessions and money valued above the £325,000 threshold. The levy currently raises around £7billion a year and on…