I don't really have anything to say about this myself but a number of comments popped into my head inspired by right wingers comments in the past.
Inspired by sh76: If they can't afford to keep the farm they don't deserve to own it.
Inspired by random guy complaining about anti Trump protests: Only a**holes block the roads for political protest ruining everyone's commute.
Inspired by multiple random people: These "farmers" were paid protestors not real farmers.
Inspired by Cliff Mashburn: They should send in the Army to remove this criminal mob who vandalized police property.
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@AThousandYoung saidIn the US, when there's an estate tax on these types of businesses, the IRS lets you pay it over time with a payment plan. I don't know if the UK allows the same.
I don't really have anything to say about this myself but a number of comments popped into my head inspired by right wingers comments in the past.
Inspired by sh76: If they can't afford to keep the farm they don't deserve to own it.
Inspired by random guy complaining about anti Trump protests: Only a**holes block the roads for political protest ruining everyone's ...[text shortened]... f Mashburn: They should send in the Army to remove this criminal mob who vandalized police property.
The part about "the farm is worth millions of pounds but doesn't generate a profit" is what I don't get. If I owned a business that didn't make a profit but I could sell it for millions, I'd sell it right away. Any rational person would. Use the proceeds to go invest in a business that makes money.
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@sh76 saidTheir value might be artificially inflated. This would allow the owner to use it as collateral for loans or it might be for money laundering purposes. People use inflated home values for money laundering.
In the US, when there's an estate tax on these types of businesses, the IRS lets you pay it over time with a payment plan. I don't know if the UK allows the same.
The part about "the farm is worth millions of pounds but doesn't generate a profit" is what I don't get. If I owned a business that didn't make a profit but I could sell it for millions, I'd sell it right away. Any rational person would. Use the proceeds to go invest in a business that makes money.
https://globalwitness.org/en/campaigns/corruption-and-money-laundering/on-the-house/
@Cliff-Mashburn said3:42 The "farmers" brought tanks with them lols
New Inhertance Tax, if you inherit the family farm you gotta pay so much to keep it it, you have to sell it? Is that what the idiot politicians want?
https://www.youtube.com/watch?v=qqqOmaEQoOE
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@AThousandYoung saidConfiscate all their tractors, and who is going to grow their food?
Confiscation of the tractors might help pay for the damage they are doing to the economy with their illegal blockade.
Genius thinking as usual.
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@Cliff-Mashburn saidThe farmers who didn't illegally park their tractors in the city.
Confiscate all their tractors, and who is going to grow their food?
Genius thinking as usual.
I do that I get my car towed and have to spend thousands of dollars to get it back. Why should these MILLIONAIRES be above the law?
@Cliff-Mashburn saidThere are a lot of Mexican farmers on the international market looking for work
Confiscate all their tractors, and who is going to grow their food?
Genius thinking as usual.
@Cliff-Mashburn saidImport the food from Ireland they have potatoes they won't mind
Confiscate all their tractors, and who is going to grow their food?
Genius thinking as usual.
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@Cliff-Mashburn saidOh for the love of god. Do you seriously think this affects the average farmer?
New Inhertance Tax, if you inherit the family farm you gotta pay so much to keep it it, you have to sell it? Is that what the idiot politicians want?
https://www.youtube.com/watch?v=qqqOmaEQoOE
It's not the politicians who are the idiot in this thread.
@Cliff-Mashburn saidEven my AI friend can answer that one:
Why should family farms being passed down from generation to generation be taxed at all? Just because a parent dies, the state wants to step in and charge the children money ?
Any kind of inheritance tax is evil and only a fool would support such a concept.
'Inheritance tax (IHT) is considered a "good idea" by its proponents primarily because it promotes fairness and social mobility by preventing excessive, unearned wealth accumulation across generations, and because it provides significant revenue for public services.'