With an average age of 146, the vast majority of delegates have been deceased longer than the Chancellor has been alive.
Party Chairman Grant Shapps admitted the plans may not apply to many in the hall. “In hindsight many of our members have already paid the death tax when they died.
“The money raised has helped us pay to keep them in storage between conferences before we get them cleaned up and in their seats again.”
But the chancellor remained bullish and said the cut would still be of benefit to some of the more ‘still alive’ members of the party.
“I am confident that we can win back some voters with this, but I am prepared to compromise and backdate the move giving rebates to the ‘already passed’ contingent of the party.”
However, not everyone is happy with the chancellor’s dithering on the issue.
Speaking outside the hall Harold’s MP Spencer Chadwick told us: “He needs to make up his mind how this policy will work. It’s not good for the party to have him making it up as he goes along.
“What would our greatest ever leader say to all this. I looked a few rows in front of me and I can tell you Maggie was turning in her seat.”