The Farmers Protests in London

give it to gordon said:
Your parents work hard to build a business or just to be able to afford a nice house. They pay for it using their wages that have been taxed.
When your parents pass the government says we will have some of that house.
I just don't see why the government can take money from people's inheritance.
When I pass (if I had any) I want 100% of my wealth to go to my kids not the government. I've paid my taxes on the money that bought the house.
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do you buy anything? Because if you do then you buy with your already taxed income and pay VAT and other duties where they are imposed. Are you happy to pay fuel duty when you fill up your car and pay with your already taxed income.

Your premise is null and void
 
The blue phantom said:
They brought the city to a standstill and many Emergency vehicles couldn't get through. Cool story eh?
www.standard.co.uk

Gridlock as hundreds of tractors join slow drive through Westminster - live

Changes to inheritance tax have sparked fury in rural communities
www.standard.co.uk www.standard.co.uk

View attachment 140416
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It was a nonsensical post. You could tell the tractors in the clip had blocked up the road and but some people will argue just for the sake of it. They were moving slower than the walking protests and causing more of a nuisance when Extintinction Rebellion put a boat on Oxford Street.
 
Gareth Barry Conlon said:
Agree. I live out in the sticks surrounded by farms. Most of the farmers you see in the fields are paid employees, they don't own shit. Most farm land is rented by active farms from rich land owners who have never been near a tractor.

The active farms will take a hit but so does every other small / medium business when the owner dies.
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Yup, my daughter works for one of them. Minimum wage, working Xmas fkin day with no extra pay.

Iv got no sympathy with them tbh.
 
Mr Kobayashi said:
It was a nonsensical post. You could tell the tractors in the clip had blocked up the road and but some people will argue just for the sake of it. They were moving slower than the walking protests and causing more of a nuisance when Extintinction Rebellion put a boat on Oxford Street.
Click to expand...
At least he’s got his head round no one on here ever wanting failed asylum seekers deported.

No, wait…
 
The farmers tended to hate the Common Agricultural Policy as the French got more. That was down to inheritance, as UK farms tended to go to the oldest son, whilst French farms were split between all sons, were smaller and needed more subsidy. CAP was about 70% of all EC funding in the early 1990s.

They would be better off back in the EU.
 
BungleBear said:
The farmers tended to hate the Common Agricultural Policy as the French got more. That was down to inheritance, as UK farms tended to go to the oldest son, whilst French farms were split between all sons, were smaller and needed more subsidy. CAP was about 70% of all EC funding in the early 1990s.

They would be better off back in the EU.
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Agreed .... but they were lied to . (and believed it)
 
bluethrunthru said:
do you buy anything? Because if you do then you buy with your already taxed income and pay VAT and other duties where they are imposed. Are you happy to pay fuel duty when you fill up your car and pay with your already taxed income.

Your premise is null and void
Click to expand...
I feel like your point doesn't make sense here.

Taxes are paid on the wages, buying property etc etc... but if my parents die, i don't buy the house. It just passes to me. So why should it be taxed? If I sell the house etc then fair enough, then pay some tax.

As it is now tax is due when the estate is settled.

I could have 5 massive million pound houses left to me and owe a couple of million in tax, but I may be asset rich and cash poor...

We had this with my Grandads estate. It was roughly 800k in total so tax was due. My dad certainly didn't have enough to just pay the tax outright...
 
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