Sir – I quite agree with Rory Greenstreet’s mother that 25 is the age at which he should receive his £750,000 inheritance (Report, November 17). Indeed it is an age at which all UK-born UK citizens ought to receive a basic minimum universalinheritance of capital.

The average wealth of every adult and child in the UK is of the order of £100,000, according to the Office for National Statistics. UK-born UK citizens should receive on their 25th birthdays £2,000 in 2012 up to £10,000 in 2016 and hopefully more thereafter.

Now would be a very good time to introduce this spending power. It could be financed by reform of inheritance tax into a flat 10 per cent capital donor tax, with exemptions only for partners, spouses and cohabiting siblings, in tandem with, deductible from and subject to a progressive lifetime unearned capital tax, starting at the same 10 per cent.

UK Universal Inheritance is the policy of the Liberal Party, which, unlike the Lib Dems, retained the traditional preamble to the Liberal Party constitution calling for liberty, property and security for all.

Regrettably the Lib Dems’ beloved EU would not approve of it because it would discriminate against non-UK born UK citizens and citizens of other EU countries.

It is quite wrong that some inherit nothing and others — the undeserving rich — receive up to billions, often tax-free!

It is time to leave the feudal, conservative political ideology of dynastic capitalism behind and replace it with a social liberal political ideology of popular and democratic capitalism, with greater equality of opportunity not only in health and education, but also in the inheritance of wealth in each succeeding generation.

Dane Clouston, Oxford