By Elliot Gulliver-Needham The “whole design of capital gains tax is flawed,” the Institute for Fiscal Studies has claimed, advocating for a complete overhaul of the tax rather than simply raising it. The influential think tank has advocated for scrapping the tax break of capital gains at death today, arguing that it creates a large incentive for people to “hold on to assets well past the point at which it is efficient for them to do so”, as well as being “unfair”. The change could bring in £1.5bn for the British economy, and would push people to better allocate their cash rather than holding …