Comments by "oneoflokis" (@oneoflokis) on "Richard J Murphy"
channel.
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Well: I think maybe they would be, if they applied it exclusively to the multimillionaire and billionaire "farmers", aka tax dodgers..
But, you see, according to other YouTubes I have watched, farmers are NOT totally concentrated on complaining about income tax! They want things like: the government to ban supermarkets etc using staple products (like milk) as loss leaders; they want planning rules to be changed to allow for more farm shops and farmers' markets, to make then less dependent on those supermarkets.. And a whole raft of other things like that. As one farmer said: the UK cannot afford to lose 5 farmers per year, let alone 500! (Which is the projected figure, at this rate.)
And I think you are being Pollyannaish, about what you think the GOVERNMENT will think the land is worth! The IRS are HARDLY likely to say any land is worth "zero", now are they? 😏 Farmers are understandably worried, that every time a farm is passed on to an inheritor, that inheritor will have to sell some of the land, to pay the tax bill. That would whittle the land down to nothing in a few generations. 😏
Why do you trust the government not to do this?
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