What a strange take. I definitely think that we should support farmers, but not by excepting them from inheritance taxes. We should incentives the correct things - If they work the land give them subsidies.
If you don’t tax inheritance you’re creating a generational wealth hoarding. Let’s take Jeremy Clarkson for example - he openly stated that the reason he bought farmland was so that his children can inherit it tax free. If he didn’t have a farming tv show, he would lease that land to actual farmers.
It might be different in other parts of the world, but in the UK, that has relatively high population density, sitting on farm land for generations can be very very lucrative. Most of the richest pieces of real estate in this country were farmland a century or two ago.
TheGrandNagus@lemmy.world 44 minutes ago
Huh? You’re pro rich people dodging tax?
Shit loads of multi-millionaires/billionaires were buying farmland as an asset so they didn’t have to pay inheritance taxes out on it, too.
It’s absolutely right that Labour started making them pay tax again (yes, again, they used to do it and family farms still thrived back before Thatcher gave a Tory-voting demographic a tax exception)