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submitted 5 days ago by BrikoX@lemmy.zip to c/globalnews@lemmy.zip

Organisers urged protesters not to bring farm machinery into central London, though some tractors drove past Downing Street covered with signs saying “the final straw” and “no farmers, no food.”

Archived version: https://archive.li/6qCeT

SpinScore: https://spinscore.io/?url=https%3A%2F%2Fwww.euronews.com%2F2024%2F11%2F20%2Fthousands-of-uk-farmers-descend-on-parliament-to-protest-against-inheritance-tax-hike

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[-] muntedcrocodile@lemm.ee -3 points 5 days ago

Inheritance tax is entirly escapable by doing dodgy shell company trust arrangements across different countries. It is a tax only paid by the lower and low middle class that prevents people to build intergenerational wealths and keeps the lower classes down. The farmers shouldnt be exempt but that doesnt mean they dont have a damn fine point.

[-] JackGreenEarth@lemm.ee 11 points 5 days ago* (last edited 5 days ago)

Inheritance tax should be amended to be also paid on trusts (and stocks and shares) then. Just because it's currently implemented badly doesn't mean it's a flawed concept.

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this post was submitted on 20 Nov 2024
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