A pledge to abolish inheritance tax (IHT) by the Tories is likely “coming down the track” in an attempt to save the Conservative Party from electoral disaster, according to George Osborne. The former Chancellor is highlighting how the “much-hated” levy could be on the chopping block as Prime Minister Rishi Sunak looks to reverse the Tories’ polling woes before the General Election on July 4. In 2007, Osborne proposed raising the IHT threshold to £1million while the Conservatives were in opposition in a move that would have effectively scrapped the tax. Jeremy Hunt, who is currently serving as …