Farmers - a put upon minority or greedy gits - you decide.

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Psamathe

Regular
I listened to this live. It’s shocking.
We all know O'Brien can be a bit overbearing but this guy is an absolute tool.


View: https://youtu.be/WJA1Qw6ZUnM?si=p7UV5i0Nwwrl7avR

Oh dear. So many of those trying to argue the case for farm inheritance tax exemptions make a good case for the changes the Government are making.

NFU representative on Newsnight last night (I think NFU President at least senior representative) when asked about Clarkson going on the protest would help was a bit cagey and commented "Not his fight". Clarkson is not somebody who will help get public support on the farmers side.

Ian
 

Psamathe

Regular
I'm beginning to think that the protest and farmer's campaign is not after even more exemptions from inheritance tax (given the new rates for farms are less than half what everybody else pays). Particularly given how the Government is digging in its heels and saying it wont change which means any change and Government would be vulnerable to any business sector deciding it doesn't want to pay more and seeking exemptions.

I suspect the farmers are after the Government putting more into subsidies and other reliefs - reliefs that would apply across the board to all farmers not just the 500 each year (over the next 3-7 years) who'd be impacted by inheritance tax changes (assuming they didn't put plans in place to further reduce their liability to inheritance tax).

Ian
 
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Ian H

Legendary Member
The NFU (No F*cking Use) is not well regarded by most small farmers. It's seen as acting mostly on behalf of large land owners - the ones who will be hit by the new tax.
 
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matticus

Guru
Would it be fair to say that JSO and Greenpeace would be a lot better off keeping out of this?

Are they currently IN it? [I honestly don't know - but your wording is heavily weighted in that direction!]

Oh, and my cautious answer - given the loaded phrasing - is "Yes" !
 

bobzmyunkle

Senior Member

Psamathe

Regular
Class Clarkson idiocy on National BBC news at 6.
I agree he really isn't helping their cause (eg he's now changing the reason he's giving for having purchased his farm to fit with current protests - believe his then story or now story or neither?)

But other farmers interviewed have no case eg one maybe late 50s/early 50s who wants his 13 year old son to take over his farm- which is real easy legally avoiding any inheritance tax so why is he complaining about his situation when he could make himself exempt.

I don't believe this is about inheritance tax as the few who are affected are on such beneficial rates compared to everybody else their protests are just prompting others to keep highlighting the special treatment they are getting.

Ian
 

Psamathe

Regular
Eg only parent living in too large valuable house being cared for by only child living with them dies and child inherits. But tax rules mean they can't sell the house to pay the inheritance tax bill (tax has to be paid before assets liquidated). Asset rich cash poor (like farmers) so child has to borrow the money (paying interest) to pay the tax bill at twice the rate farmers are liable for on lower thresholds (so paying more on larger amount), Fair on non-farmers?

Ian
 

Rusty Nails

Country Member
Clarkson also seems to be the one marketing this as "Tractor Tax protest";
which is ironic, as their vehicles are driving into central London without paying ULEZ.

(not to mention that the tax isn't on tractors, but that's obvious. Isn't it? :-/

Perhaps they should put 100% inheritance tax on any "farmer" who buys a Lamborghini tractor.
 

matticus

Guru
I have a dream!!!!

I see a new, bright future. Of Change!

Once the Battle of the Tractors is fought, and the injured tended to, (and the tarmac relaid,) the peasants and their (Benign) land-owning leaders will return to the Shires. And Lo! a Force For Good will emerge from the smoke and wreckage:

Our Lord JC* will lead the struggle to end tax-dodging by the ultra-wealthy! Throwing over the tables of money in the markets will just be the start!


*The farmer, not the carpenter
 

BoldonLad

Old man on a bike. Not a member of a clique.
Location
South Tyneside
I have a dream!!!!

I see a new, bright future. Of Change!

Once the Battle of the Tractors is fought, and the injured tended to, (and the tarmac relaid,) the peasants and their (Benign) land-owning leaders will return to the Shires. And Lo! a Force For Good will emerge from the smoke and wreckage:

Our Lord JC* will lead the struggle to end tax-dodging by the ultra-wealthy! Throwing over the tables of money in the markets will just be the start!


*The farmer, not the carpenter

Got some top quality stuff this week, have we? :laugh:
 

All uphill

Well-Known Member
I have a dream!!!!

I see a new, bright future. Of Change!

Once the Battle of the Tractors is fought, and the injured tended to, (and the tarmac relaid,) the peasants and their (Benign) land-owning leaders will return to the Shires. And Lo! a Force For Good will emerge from the smoke and wreckage:

Our Lord JC* will lead the struggle to end tax-dodging by the ultra-wealthy! Throwing over the tables of money in the markets will just be the start!


*The farmer, not the carpenter

I forsee a future that resembles the feudal past, where us grateful peasants doff our caps to the noble farmers who, from generation to generation, allow us to earn a pittance.
 

monkers

Legendary Member
Gesture politics. Sir Kid Starver is simply posturing that he is a man of the people. Farmers won't be paying IHT, they'll just use the parliament endorsed method of putting it all in a trust before passing it on.

The current Duke of Westminster got his £9+bn with hardly a bean to pay on it, Daddy put it in a trust.

If the government were serious they'd sort this out, but their billionaire donor handlers won't let them.

Don't get me started on off-shoring or I'll be doing gammon impersonations.
 
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