To ask why you support the farmers, regarding inheritance tax?

The farming community is to Kier Starmer and Labour what the miners were to Thatcher.
Metropolitan elites demonising for their own ends.

Miners were, with the wholehearted support of the Murdoch media, painted as militant communist bastards that wanted to ruin the state and destroy happy Middle England.

The media now is complicit in attacking the farming community as being millionaire landed gentry avoiding tax at the expense of the precious NHS.

The metropolitan elite, that used to be Tory but is now Starmer and Reeves, fails to understand the importance of the mostly working class rural community to the economic, logistics, and supply elements of the country they pretend to govern.

Starmer and his party have betrayed the consensus on which they were elected, and it will come back to haunt them, as it did in the US with Biden and the Democrats.

Plenty of wealth near me. I’m surrounded by farmers too.

Just to clarify:

I like having food.

Why make their lives any harder than they currently are?

I'm surrounded by farmers, and there's not much evidence of wealth that I can see.

Farmers should pass over ownership of farms to the Gov in return for them being able to run them without inheritance tax - I'm only half joking. Farmers and their whinging never stops - they have the worst job in the world yet they still do it.
My dad was a farmer and I knew plenty of whingers and shirkers who relied on the EU to prop up their income. I had little sympathy.

Tell me you don’t understand farming without telling me you don’t understand farming.

How many hours a week do you work?

I’m from an Irish farming family and farming is generally less class based there than here.

The farming industry was severely disrupted in the 50s-70s with migration of women to other countries and urban areas (due to lack of jobs)- the male farmers obviously stayed and were a great unmarried generation. 4 of my great uncles succumbed to this, which was a national disruption to the framing demographic.

we no longer have any farm land having sold it all off with their deaths (there are reliefs for inheritance tax for agricultural land in Ireland- much like Starmer is putting in place here- but it is subject to IHT there too)

this is not an uncommon story in Ireland in the last 50 years. I’m not aware that Ireland has sank into a food security emergency, maybe I missed it though.

If you’re not making any profit it’s not a viable business anyway.

They usually go to Universities like Harper Adams and become Land Agents or agronomists. A lot of farmers' kids also study law.

Most farmers work about 90 hours a week. Most people would have a good life if they worked that much.
Anyway that's beside the point. What's the alternative to a family farm? A corporate producing food. When has that ever made things better for anyone? Shareholders will reap the benefits while rural communities, food standards, animal welfare and the environment all go down the pan

so what 10 years if you aren’t making any profit. So it’s best just to sell. No farms, no local food. Imported shit food like they have in America.

No you don’t you have 10 years to pay tax free
and farms over £3 million aren’t broke. Should all family business not pay inheritance tax?

Anyway it’s happening so 🤷‍♀️

Do people not realise there is no liquidity in these farms? The farmer might have a '£12m farm' but less than 2k a month income. And never a single thought to liquidate any of the asset ever, only to pass on the farm and the profession when they die to the kid who probably grafted alongside them from the age of 5. Most of the farmers I know only survive at all becaue of subsidies and yes, many of them theoretically have £2m+ farms. In theory. This is not a wealth situation. It will dismantle the whole industry which has been built on the sole basis of brainwashing the children of farmers into farming for their future too....often because they have been raised on the idea of 'keeping the farm in the family'.

Farming isnt a money game. The government and corporations just want to extract the assets out of it for themselves.

THIS. 🎯

Absolutely this. I support.

YABU
And this:

Far from "protecting the family farm", as claimed by Tom Bradshaw, president of the National Farmers Union (Opinion, FT.com, November 5), the inheritance tax loophole on farmland, introduced in 1984, simply pushed up the price of land without improving returns to active farmers.
This is because, like most agricultural subsidies, the value of the relief was capitalised into land values. As tax planners cottoned on to its role as a licence to avoid IT, they advised their super-rich clients to buy land and take advantage of it. In the 20 years to 2012, the price of farmland increased fourfold.
This turned landowning farmers into millionaires but — especially since land represents a cost of production - did no good to the incomes of food producers. It created impoverished millionaires who claimed a need for more support. At the same time, because more expensive land had to be squeezed even harder for the last drop of revenue, the environmental damage caused by intensive agriculture was made worse. Taking at least some of this tax loophole away will do no harm to family farmers but will help both public revenues and the environment.
Just a shame the relief was not wholly abolished.
Paul Cheshire
Emeritus Professor of Economic Geography London School of Economics, London N7, UK

Exactly. Parents die and you also lose your livelihood. That doesn't apply in many other situations

🙄

Ok so those inheriting a multi million kind farm can apply to do the same when paying their inheritance tax.

I support them because this reeks of the VAT on school fees envy tax. A section of society has been stereotyped as being wealthy and they're being punished for it. Labour haven't done their sums on this just as they haven't on the school fees.

I didn’t say they were the only people that have hard jobs. Theirs is certainly one of the more critical ones though.

Our survival depends on a few things. Food, clean water, housing, heat. These go, and we are all fucked!

There are other areas that should be targeted for tax, ahead of this. Farming will eventually be extinct in this country or run by global conglomerates who don’t give a shit about feeding us or maintaining our countryside and ecosystems.

Think of the bigger picture.