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Following on from the Budget, why shouldn't Farmers pay inheritance tax like the rest of us?


TIGHTCHOKE
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6 minutes ago, TIGHTCHOKE said:

From the daily Express;

"Labour is facing fury for "destroying" British farms with its cruel tax raid while sending hundreds of millions of pounds to support foreign farmers.

An investigation found the UK's aid budget is handing huge sums of money to farmers in Africa, Asia, and South America.

More than £536 million is being spent overseas on ten programmes including grants to promote low-carbon agriculture practices in Brazil, the world's 11th richest country.

Another scheme, worth more than £16 million, aims to produce tea in Rwanda for the first time."

What were we saying about subsidising foreign countries to supply us with cheap food? 
I hate to be the one who said ‘ I told you so’, but I did. 
I don’t mean you personally,  of course. 👍

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2 minutes ago, Scully said:

What were we saying about subsidising foreign countries to supply us with cheap food? 
I hate to be the one who said ‘ I told you so’, but I did. 
I don’t mean you personally,  of course. 👍

Of course.  :good:

It is a crazy world where we are led down this path.

Our "Leaders" are not worth having and I don't see a way of changing what is already in place

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14 minutes ago, TIGHTCHOKE said:

Our "Leaders" are not worth having and I don't see a way of changing what is already in place

I suspect that this is a mix of 'current' and 'legacy'.

The 'aid' programmes overseas will be longer term and likely planned and promised by the previous administration who were not known to be planning additional taxation to UK farmers.  It will have been handled by the Dept for Overseas aid - which has it's own budget, managed in effect by it's Civil Servants whose 'directional policy' is set by the Minister (in theory).  There has been long history of subsidising food growing overseas - one famous example being the Groundnut scheme https://en.wikipedia.org/wiki/Tanganyika_groundnut_scheme which was a notorious and expensive failure.  Despite it being legacy they will have found a reason why it must go on as no doubt there are many palms being greased along the way.

The new (current) tax on farmers estates is pure Labour and will have come from the Treasury on direction from the farmer and wealth hating Labour ministers.  The International Aid people won't have known of it (and won't care either).  These Departments work in their own sealed boxes and from their own independent budgets.

Gov't departments doing 'contradictory' things is standard practice through history, just as we still give British Aid from taxpayers aid to countries who have huge economies and space programmes, and also give aid freely to countries with massive Gov't corruption that lines the pockets of the likes of Comrade Mugabe and never makes it to the Rhodesian/Zimbabwean population.

The 'aid' is certainly an issue ....... but for me the 'raid' on farmer estates is a much bigger issue and driven from envy, jealousy and spite rather than sensible and sound economics - something were are seeing that Labour does not do.

I keep coming back to the old - but VERY true saying; if you are getting short of money, don't go out and steal, spend less

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