There are a lot of very stupid things being said on the family farming tax, by people who are proving themselves to be entirely ignorant of British agriculture.
The farm may be worth millions, but it's worth NOTHING until it's sold. So when the farm is passed down, and this huge tax bill arrives - what is the family supposed to do? They don't have hundreds of thousands of pounds sitting in the bank...
Farming is not a lucrative career. It does not make much money. The land is valuable, but the returns are not.
Running a farm is bloody expensive - profits are minuscule in comparison to the value of the actual farm.
This is really not a complicated principle, yet I see idiots parroting utter nonsense.
Labour's farming tax will force thousands of farming families to sell the farm to pay the inheritance tax bill. Farms that have been in those families for generations - if it were not for this tax, they would never dream of selling.
It's really that simple, and it will change British farming forever.
This is a tax drawn up by people who have NO understanding of agriculture. There are three farming MPs in Parliament, I am one of them...
Trust me when I say this - Labour does NOT understanding farming. It would be laughable if they were not running the damn country.
I wouldn't be surprised if a majority of Labour MPs believe that potatoes grow on trees. These are urban people who think that a farm is a family day out, an opportunity to feed the sheep and ride the tractor.
Clueless. On farming, and so much else.
I will be standing alongside thousands of other British farmers tomorrow. We must make our voices heard.
Reeves must reverse her cruel assault on British family farms. Either she does it now, or we'll do it in 2029.
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