I have to say that I will end my days without reaching the level of wealth required by a farm owning couple in the UK to meet the threshold for inheritance tax. The same is for almost everyone I know.
Left: Laura Trott, "The heart of the problem today is the lack of high quality places for looked after children.. I hope Labour will do more"
Right: Bridget Phillipson, "We are doing more in 4 months than they did in 14 years"
The cheek of Trott identifying the problem created by Conservative policy then blaming Labour for it. Surreal 🤷♂️
This is not a farmers tax.
This is not a tractor tax.
This is a tax on estates only worth over £2,000,000 paying 20% on that asset (only over 2mil).
There is a reason @JeremyClarkson called his farm diddly squatt. It's the tax he intends to pay.
Just thinking about all those subsidised tractors driving passed people who don't own even that much and never will, complaining about having to pay HALF tax on anything over £3m which only 1.5% of people have.
These farmers are completely delusional, and very greedy.
Please spare a thought for James Dyson, the Brexit-voting billionaire who bought up 33,000 acres of farmland to avoid tax. Without people like him, farmland would be more affordable for actual farmers.
Investors (non-farmers) were responsible for 56% of UK farmland purchases last year. (Strutt & Parker)
Farmers are being squeezed out.
Not by IHT, but by tax-dodgers.
Those same tax-dodgers who are now supported by, er, farmers.
If you think farmers are fighting for food you’re an idiot. Farmers are fighting for THEIR MONEY. Tell me what difference does it make to someone in an ambulance having an emergency just because it’s farmers protesting? They’re willing to withhold food to get their own way and you think they’re doing it for YOU? Wake the fuck up.
Oh how the rich and privileged fight to keep them.
Farmers, private schools & Hereditary Peers are all furious because @UKLabour are keeping their promises to fund the NHS, lift people out of poverty and strengthen our democracy and their friends in the media are there to help.
#newsnight Fuck off.
We need to break this classist 19th century landowner class entitlement.
Over 30% of children in this country are living in poverty.
Labour better not give in to these parasites.
Top Tip for Conservative MPs: donning a Barbour and smiling for the camera at the rally tomorrow, will not absolve you of guilt for betraying British farmers over the last 5 years, chucking them under the bus in trade deals and slashing farm payments. Apologise or don’t turn up.
So the Tories have now had 6 different leaders in 9 yrs.
What’re the odds they’ll have 7 in 10 yrs?
Pretty good I suspect.
All down to a stupid decision by Cameron to hold a referendum to quieten the extreme right wing nobs in his party.
And look at how that’s turned out?
That was NOT a report about farming and IHT @BBCNews . It was propaganda. No figures were given. No analysis of the family's tax position. It's a disgrace to just vox pop old farmers in their bloody yards without challenge, investigation or balance.
#bbcnews
200 farmers might have to pay some IHT - UPROAR from the right!
Every single UK family losing £000s in higher tax and inflation from Brexit - SILENCE from the right!
What a shower.
Tesco made £2.9bn operating profit for the 2024/25 financial year. The employers NI increase will cost them £250 million per year leaving them with a paltry £2.65bn profit! Yet they complain to the treasury — Who should pay a bit more to keep your work force healthy Tesco?
Victoria Atkins overplaying her hand on Radio 4 Today saying one farmer is considering committing suicide to avoid inheritance tax
The same woman from the same party who didn't give a f*ck when 100s of people committed suicide because of the Tory's despicable benefits system.
Jeremy Clarkson & James Dyson, using land as a tax dodge, boasting loudly about it & patting themselves on the back for being so clever, have done more damage to farmers than they will ever realise
Why didn’t farmers protest when the previous Tory government threw British farming under a bus after Liz Truss negotiated a trade deal with Australia & New Zealand which will increase UK GDP by a whopping 0.08% & increase cheaper imports of NZ beef, lamb & dairy?
#Newsnight