UK farmers march over having to pay tax like everyone else.

[Captain Caveman]

So would the miners and ship builders when were actually building ships, the BBC like all the MSM lie for a living.

Shipwrights

 

[Tommy Tainant]

Yes, there are problems with farming which means that poorer farmers are going to go under and the rich will take over their farms. Labour need to deal with all of that.

Poorer farmers will not be affected by this. They can pass on farms worth 3m without paying a penny. That isnt poor where I come from.

 

[frigidweirdo]

Poorer farmers will not be affected by this. They can pass on farms worth 3m without paying a penny. That isnt poor where I come from.

The problem with owning a farm is, your money is stuck in the farm. You either give up your job and livelihood in order to get at the money, or you're stuck with a farm where your profit margins are being massively cut by supermarkets controlling everything.

 

[Captain Caveman]

They have 10 years to pay at 0%. Its hard to see how it could be fairer.
The problem is the price they are paid by the supermarket. Chuck in brexit and shit trade deals. But no govt will ever do amything to put up the price of food.

If your parents own a farm of say £5mn and you inherit it one day, you have to pay 20% on the value of over £3mb, so 20% of £2mn is a £400,000 tax bill because your parents died. The farm will probably make £50k a year. So for the next 8 years, you pay everything you make and somehow need to live off £0.00.

Just like Labour, you're clueless. Absolutely full on clueless.

 

[Tommy Tainant]

If your parents own a farm of say £5mn and you inherit it one day, you have to pay 20% on the value of over £3mb, so 20% of £2mn is a £400,000 tax bill because your parents died. The farm will probably make £50k a year. So for the next 8 years, you pay everything you make and somehow need to live off £0.00.

Just like Labour, you're clueless. Absolutely full on clueless.

My heart bleeds for these millionaires.

 

[Captain Caveman]

My heart bleeds for these millionaires.

And just like that, you've confirmed what a shitbag you are. You've achieved nothing to pass onto your kids. Figures.

 

[Captain Caveman]

My heart bleeds for these millionaires.

You and this blonde are on the same thick **** level -

 

[2aguy]

You and this blonde are on the same thick **** level -

He is wrong......the people making those decisions on taxes know exactly what they are doing, they know what the numbers are.........they want to take that land.....and taxes are the way they can drive off those farmers...

 

[Mac-7]

Farmers march in inheritance tax protest in London

There has been outcry from many farmers after changes to inheritance tax for farms announced in the Budget.

www.bbc.co.uk

Thousands of people have protested in London over changes to inheritance tax for farmers announced in the Budget.

Among those marching in Whitehall was TV presenter Jeremy Clarkson, who said "it's the end" for farmers, as he called for the government to change its mind.
The prime minister said he understood farmers' concerns and "wants to support" them but added "the vast majority" would be unaffected.
From April 2026, inherited agricultural assets worth more than £1m, which were previously exempt, will be liable to the tax at 20% - half the usual inheritance tax rate.

This has been the big story over here, I think its a confected outrage and the taxes should go futher.
Inheritance tax is only paid by 4% of folk . Most people can avoid it.
Basiically its a tax on income. The recipient pays it not the person woeking now.

These greedy bastards are getting 10 years to pay it at a reduced rate. Its interest free. They should just shut up and get on with it.

My sympathies are not with uppeer class toffs worried about a multi million pound inheritance.

All inheritance taxes should be abolished

You call the farmers greedy when you are the one coveting what is not yours

 

[Tommy Tainant]

All inheritance taxes should be abolished

You call the farmers greedy when you are the one coveting what is not yours

Unearmed income needs to be taxed the same as earned income. Thats only fair.

 

[Ringo]

 

[Mac-7]

Unearmed income needs to be taxed the same as earned income. Thats only fair.

Its money given from father to son

It does not belong to you

 

[Tommy Tainant]

Its money given from father to son

It does not belong to you

They can still do that.

 

[Mac-7]

They can still do that.

Only after you rob them blind

If the libs are not careful you may not have enough food for themselves, much less the muslim colonists