As in nobody really ever really wants to pay more tax to fund public services. Labour have closed the non dom and the landowners IHT. I’d like to see more over the term of their govt
Im not supporting them. Im just outlining how they operate and how Labour are using their investments
What we'd all give to be asset rich? ... When me and the missus die the kids will have to sell the house to meet the 40% IHT bill ... there is no £3 million buffer for us ... forgive me if I find it a tad difficult to have too much sympathy for farmers who are 'worth' more than that ... ... and absolutely no sympathy for rich ****s like Clarkson who saw agricultural land purchase as an IHT proof investment ...
The right to vote had to be fought for, and was acquired gradually over centuries. Now we have the right to vote, but the rich controls the media, including social media, and thus they control the narrative that persuades working people to vote against their own interests. Democracy is deeply flawed, but still worth fighting for imo.
Democracy is flawed because most of the people doing the voting are stupid. Dictatorships function better.
Joey Barton and some gammons sharing a petition for a General Election. I agree, let’s call an early GE, but first a vote on rejoining the EU. it will have massive support from farmers now after the Brexit ****show and will see us back in the EU with a Labour government.
Can understand. He is an MP of a minor party, well limited company that’s a political party. He seems the less stupid of the five, in fact being a millionaire he donates him MP salary to charity, so that’s a plus.
I've never heard of him, had to google after you said he was an MP - apparently owned Southampton FC. Does this new tax affect him?
I personally think we should give exceptions to farmers. It’s a really important job they do and it’s not the greatest reward, at the best of time. It’s probably the only industry I know where the seller gets told how much he’s getting for his/her product. The farmers should be rounding up on Clarkson. He’s the arsehole that has caused us all this happening. The Labour government have acted really cowardly over this. They should have targeted folk like Clarkson but instead have cover blanketed every farmer in the UK and it’s the utter pits. Most farms are passed down through generations of families. Why couldn’t the government have said show us your 25/50 year farming history on your land and the exemptions will carry on? That would have sorted the crooks out from the genuine farming families about to get hammered. Personally I hate IHT. I’ve always been against. I don’t see what right the government has to take a chunk out of family life savings away when someone dies. That money has been worked for and already taxed.
This was part of one suggestion I had, about looking at the timing of sales - surely that is the best way to catch them and I assume Clarkson would fall into that category, I only say assume because I have no actual idea when he bought it. The same would apply to this guy Lowe that Peej was going on about - I read something after he mentioned the name to me, about buying land for horses or something, so it's clear it's not for farming in the true sense of the word. It seems to be the thing for everyone to hate farmers. I'm sure most small holders these days have disappeared monopolised by the EU, or that's the way it often feels to me, give priority to the mass producers while walking over the small man.
Not sure why farmers paying inheritance tax from its inception to it being put on hold by thatcher for Farmers is now an issue? the value of land/property is increasing, the rate they pay and terms are better than for anyone else. plus it has not yet been agreed and some are selling it as the way gates starves us all (social media crackpots)
just for perspective, the petition to rejoin the EU got 6,000,000 signatures. It wasn’t discussed. this will be the same.