JC openly admitted to becoming a farmer to avoid IHT. Why do farmers think having him as the figurehead will help them? Just because he’s off the telly doesn’t mean ordinary people will support him. It makes them all appear to be out of touch millionaires.
Feels like a spectacular own goal. Either that or the media is setting them up by making him the focus.
Quote from Sky News:
‘Those generous reliefs have made agriculture an attractive investment for those seeking to shelter wealth from the taxman.
Clarkson, the UK's highest profile farmer - and opponent of the government's plans - said as much when promoting his Amazon series about becoming the proprietor of Diddly Squat Farm in Oxfordshire.
"Land is a better investment than any bank can offer. The government doesn't get any of my money when I die. And the price of the food that I grow can only go up," he told the Times.
Mr Clarkson is far from alone. Private and institutional investors, along with so-called "lifestyle" farmers funding purchases from previous careers, like the former Top Gear presenter and his Oxfordshire neighbour, the Blur bassist Alex James, now dominate agricultural land purchases.’
https://news.sky.com/story/amp/whats-the-beef-with-farmers-inheritance-tax-13256257