Jeremy failson more like. Dickhead buys a farm to dodge taxes, then gets pissy when the tax dode loophole gets a teeny tiny bit more fiddlycult difficult fiddlycult to loo.
Jere not my son more like. jemorony clackson more like
Jeremy failson more like. Dickhead buys a farm to dodge taxes, then gets pissy when the tax dode loophole gets a teeny tiny bit more fiddlycult difficult fiddlycult to loo.
Jere not my son more like. jemorony clackson more like
does anyone know the marxist class analysis of tenant farmers in the modern day? Are they peasants? Are they proles? Are they some sort of petit bourg chimera?
The tax is an inheritance tax for any farmer with net assets over £1m. This might sound like a lot to you and me, but the value comes from mostly inflated land values, and doesn’t take into account farmer income which is typically not amazing.
So a lot of farmers who are doing even moderately okay will essentially not be able to pass their land on to their children without their kids forking out near £60k
The government thinks it will affect only 500 farms, so I interpret this that it was meant to be a tax on the hyper wealthy farmers, but it seems completely out of whack with the number of middle-class to working-class farmers it will actually affect.
TLDR: Farmers are spectrum of classes, but even the poorest hold assets with measurable value.
What tenant farmers? Most are migrants or kulaks.