Farm taxes: Young farmer and professor clash on protests over inheritance tax

[@alexstewart7652]

Not sure how many farmers were marching when Truss made the agreements with Australia and New Zealand; their farmers were laughing, at least in disbelief, that’s likely to put far more pressure on livestock farmers, and hasn’t even kicked in yet.

[@MrOliver1444]

and brexit!

[@AlanFagan-y5l]

Could take a decade for the full effects to be felt . Disastrous deal for farmers.

[@radjew]

they are basically tories and didn't say anything about loss of markets or subsidies over the past years. Very disingenuous. It is a class war, the toffs ain't in anymore and they do not like it.

[@rjkmusicmedia]

@@MrOliver1444 Farmer's hated the CAP (which funded the wealthy far more) and the competition from EU farmers with an open market was way more damaging financially to them, let alone all the illegal horsemeat sneaking in. Australia sells hardly any meat into the UK and is a much higher price because of the distance it has to travel.

[@ethanadkins5638]

As an American who has learned about this issue in short time, it sounds like there are a lot of tax avoiders who are mad that a loophole is being closed.

[@paulcopsey6573]

Oh no an expert accountant..... let's not listen to experts.... it went so well for farmers last time when many were suckered into supporting Brexit.

[@chy4919]

Their mistake was bringing on an accountant who knew what he was talking about lol

[@heatherlinnette189]

I’m going to use that is very audacious when they’re talking about the generations so let’s remember until 1984. All farmers had to pay into Heritance tax. That means the likelihood is that their grandfather pay inheritance tax. Their father paid inheritance tax and there’s been a long tax break of 40years!

[@MajorCharlesCarringtonV.C]

Clarkson and Dyson only bought land to avoid paying tax😂😂😂

[@Troy-McLore]

He actually bought it to shoot but as he was working for the BBC at the time they would of kicked off over it. He has stated that he would of bought it regardless of the tax benefits as land is a good investment, they arnt making it anymore.

[@ajc5479]

@@Troy-McLore He himself said he bought it purely for tax dodging

[@foppo100]

Dyson who went to India to find his cheap labour.I believe he lives in Singapore a real British patriot yes?

[@timcronin-v6w]

It’s not an emotional issue. There are facts. It’s about tax. Simple.

[@dddddbbb]

I feel very sorry for farmers with over 3million in assets who now will have to pay HALF the inheritence tax of people much poorer and only on their inheritence OVER 3Million - FAR more (nearly 10x!) than poorer people have to start paying at.

[@jamesfx2]

That accountant is a legend. Good choice!

[@mogznwaz]

How is he a legend? He’s a pompous left wing academic who thinks he knows farming better than farmers do. The world is not about spreadsheets and bean counters. Farming is HARD GRAFT and very few would do it - family farms passed down through generations are part of our collective heritage. Socialists have no concept of this - all they see is ‘wealthy landowners need to lose their ‘privilege’.

[@fredaschofield7982]

Yes. Murphy is excellent!

[@markclans3284]

I agree with the accountant. Farmers need support but not through inheritance tax. Worst case the land won’t change use. They sell their product / they pay min wage. Support rural communities

[@robertreynolds580]

Here we go...forget facts...listen to the emotion.

[@stubronstein9932]

That farmer is a man who is clearly outstanding in his field.

[@MadBiker-vj5qj]

LOL, someone had to say it.

[@adam7802]

I just laughed out loud when she called him a marxist. He has a channel where he talks about economics that i actually watch, he occasionally segways into politics and makes the odd bizarre comment.

[@93ct]

When she loses the argument she resort to calling people names. That doesn't convince people to be on your side.

[@adam7802]

​@@93ct Let's be clear... He is absolutely a lefty economist, that's why I laughed.

[@PJH13]

@@adam7802 He's not an economist he's an accountant who talks about economics with no underlying understanding, and yes he's very left wing. To give someone an idea how left wing he is, John McDonnell and Jeremy Corbyn found him to be too extreme.

[@just_another32]

what a patronising git!

[@parametr]

I have an asset worth 4 million and I make 20k a year with it. I don't want to sell it. I don't want it to go down in price. I don't want to pay less than half the tax others pay. I want to get tons of government grants every year. What a pisstake.

[@mogznwaz]

Making £20k a year isn’t a lot is it.

[@ronclark9724]

@@mogznwaz Parameter would be asking for grants too if he earned less....

[@georgehutley]

Listen to this guy, he must be an expert in the field

[@paulsondj]

Subsidise my terrible business model... and no taxes please.

[@voice_of_reason5604]

But then people want cheap food from the supermarkets.

[@catherinemartin6258]

The media over blowing the story what a surprise. Pay your inheritance tax like everyone else has too.

[@UKVeteran2024]

In my profession, pensions, we have hundreds of qualified accountants claiming to be pensions experts every month! They literally think they know any profession they come into contact with 😂 Bloody clowns!

[@dogzero1]

The trouble is, the very rich farmers have managed to convince these new tax changes will affect all farmers when it won't. It will only affect the rich wealthy landowners who dodge paying their fair share of taxes. The low IQ gullible farmers marching in support of rich land owning tax dodgers. Clarkson is banking on the public and the normal farmers falling for this BS. Clarkson admitted in 2021 that he only bought his land to avoid paying inheritance tax. He's a rich maggot. As for farm machinery and livestock, those are not included despite these rich people saying so. Most are offset against tax etc.

[@tjcarr70]

They should also sort out these so called greedy entrepreneurs buying up cheap properties and then renting them at silly prices to those who otherwise would have bought said property. Rentals should be council only. This would reduce council tax and offer other benefits. Some of these so called landlords are MP's and foreigners who do not reside here.

[@paulsondj]

Found the marxist

[@ANH-1977]

“Land is a better investment than any bank can offer. The Government doesn’t get any of my money when I die. And the price of the food that I grow can only go up.” Clarkson 2010

[@CrushTheForum]

Quoting Clarkson is irrelevant! This is a setup for a land grab! Theyre doing the same in US and Netherlands and other countries. They want the land they also want the farms.

[@Pik871229]

@@CrushTheForum That's communism ! Makes me think of Chavezism of Venezuela

[@ronclark9724]

Maybe, but farmers don't buy land not to grow food.... The more food is grown, the less pestilence and famine in the world....

[@Pik871229]

@@ronclark9724 that's true I will not oppose taxing the developer more who purchase the farmland and turn it to new home that unaffordable for the households. But what's the point to tax those who providing our daily needs with poor profitability and they still happy to continue farming...?

[@jamesthomas4841]

​The developer also provides a fundamental human need ... shelter. Farmers in fact are massively compensated when land is slated for development because they get the much higher development value of the land not the agricultural value. The farmer is quids in if he sells land for development. ​@@Pik871229

[@metal1999]

The Professor has got it spot on

[@lesgoodchild2305]

It's a pity the interviewer didn't allow the interviewees to speak!

[@hughn]

The Treasury _must_ publish their calculations on how many farmers will be affected. How difficult would that be?

[@craigambrose4375]

The Treasury always publishes the calculations behind budgets - It's not difficult to find it on their website.

[@theolddog5129]

That is exactly what the government has done. Just look it up.

[@mumadzore2309]

It’s hard to argue with a person who is misinformed. The professor made some good points but clearly the young man was left with taking personal shots

[@malhorner9210]

Stop scrounging tax evading farmers

[@richmorris2870]

Professor is 100% spot on!

[@foppo100]

Jamie Oliver did a program about school meals.All the lamb eaten at school came from New Zealand.Jamy questioned why? The cost it is cheaper from New Zealand was the answer.

[@dsjamus29]

This professor is exactly what's wrong with politics and economics in the UK

[@hamy86]

Why is that?

[@nighttrain1236]

Ivory tower.

[@Notalloldpeople]

Yeah dam the experts! That’s worked so well in the past hasn’t it..

[@mrgrumpy771]

@@hamy86arrogant and doesn’t listen

[@hamy86]

@@mrgrumpy771 that's a matter of opinion. In my opinion he did listen and he tried to point out how the other guests were factually incorrect. What points did he ignore in your opinion?

[@abatude5879]

God bless the farmers

[@WayneClarke-n7b]

Tax farmers higher! It should of be done years ago, most of um let out their old farm houses to immigration workers who they pay £7 per hour in wages for & sometimes even less. Also lots of their land is unused & needs selling off for housing due to farmers bringing in immigration workers who have been under paid and taken advantage of for the last 26 years.

[@markhattley2032]

👏👏👏👏👏👏👏The man in the glasses is totally correct 👏👏👏👏👏👏👏👏👏

[@Dogfacedbloke]

This is the guy who just put out a video saying that because farmers don't get paid nearly enough for their produce, that's the real problem, not the new tax. In other words, farmers are barely making ends meet so it's fine to burden them with even more debt and put them out of business. He's a charlatan.

[@michaelel650]

No, he said that the tax would not seriously affect small family farms. In his blog he implied that all the other problems that negatively affect farmers financially should be dealt with via further regulation, that then farmers should be subsidised so that healthy food (not UPF of glyphosate polluted etc.) could remain cheap. H reckoned that for all their hard work and skill a farmers 'wage' should be at least £50,000 and that they should be entitled to further profit if the system worked properly. He also reckoned that farmers were, in terms of small family farms, paid less than half of what they were due. This is hardly being anti-farmer. Sort out the food and retail industries that exploit farmers and the inheritance tax issue will be irrelevant except for speculators and tax avoiders.

[@hollyrowlands6943]

The tax literally only affects the richest farmers. We all agree most farmers are struggling, but those at the top are not.

[@Dogfacedbloke]

@@michaelel650 Ineed. A ridiculous argument because clearly it would be good idea to implement the price margin increase BEFORE the taxes. Otherwise it's like imposing a new tax on anyone who earns over £10k a year, then saying, "Oh, but if we actually paid these people better there wouldn't be a problem, so we'll just go ahead with the tax." The fact he doesn't want to do this reveals a lot. Even Marx stated that it would be undesirable to stop farmers passing down their assets over generations.

[@Stephanie-wf6xr]

My heart bleeds, millionaires complaining about paying their taxes. 😂😂

[@kenhuntley0707]

It's all about the land! The government want it!

[@CrushTheForum]

Yep!!!! How people cant see this is beyond me! Theyve been doing this in Netherlands and US for a few years now!!

[@mogznwaz]

The WEF want it. Control the food supply control the people

[@anonymoushuman8962]

Good. They should take it.

[@CrushTheForum]

@@anonymoushuman8962< shill

[@jeffcxx]

@@CrushTheForum he was mocking an obviously dumb comment.

[@chrisyork368]

What about the expertise that has been handed down from generation to generation. I support our farmers. Labour are destroying this country.

[@sebv1086]

Cry harder, Gammon. 😂

[@jankoszuta9835]

Richard Murphy is national treasure

[@Jmw_gt]

So is that the crook of it? Farmers need a better accountant?

[@stanthemafia]

It’s very easy to abuse this man but I’m going to listen to all sides.

[@hollyrowlands6943]

The opinion of an expert is more valid than the opinion of a rando sorry not sorry

[@kevinturner5857]

Pay up , & the land belongs to everyone , its stolen & obsessively controld/destroyed . Hardly any wildlife left . Greed

[@user-ca3sp7er1h]

Serves them right pay your taxes like everyone else !!!

[@chrisward9774]

Has he in anyway read the budget, he has got it completely wrong. Besides his idea will pull the price of land down. It will not it will go to solar, rewilding and housing.

[@hamy86]

What did he get wrong about the budget?

[@ajc5479]

Lowering the price of land will help farmers and those that want to get into farming

[@mhl8396]

Oh great an intellectual... with no real world experience telling farmers not to worry

[@hollyrowlands6943]

Farmers are experts in farming not economics.

[@robgurney7214]

Maybe prevent Farmland from being collateral for any loan not associated with the operation of the Farm land. Then introduce the appropriate tax at the point the Farm is disposed of/sold on to someone else. If a farm is being handed down to someone that will be continuing the operation of the Farm exclude it from tax.

[@naftab123]

Pay your tax like the rest of us!

[@ronclark9724]

They do... Only four percent actually pay any inheritance tax...

[@naftab123]

@@ronclark9724 People sitting on millions should pay what they owe.

[@Jacky5299]

Communist

[@henrydobson9419]

This isn’t a tax on ‘wealth’ it’s a tax on our nations critical infrastructure. If people claim tax relief for choosing to invest their money in assets that feed the country then great! Better that than them investing their money in Ferraris and watches

[@CrushTheForum]

Its a land grab and they want control of the farms. Doing the same in US and Netherlands.

[@robwalker3417]

We need to raise taxes in order to have a functioning infrastructure. Farmers are still getting a far better deal than the rest of the population. As the prof said, this tax will only impact around 500 farms (of which many are owned by the aristocracy) out of over 200 thousand farms. This tax will in reality help small and medium sized farms by levelling the playing field a tad. This is just right wing media looking for a club to whack Labour with (don't get me wrong, I am no fan of Labour and there are plenty of things that they can be criticised for, this is just not one of them)

[@CrushTheForum]

@ 🤣🤣🤣🤣 please stop!! Its like youre reading word for word the Labour response to the protests! Look at US and Netherlands the exact same is happening! They want the land!

[@jpazinho]

No...its a tax on "wealth", where wealthy people have managed to become the speaker of the farmers who have been neglected over the last decades....banking on farmers ignorance of tax codes (and inability to seek decent professional tax advise) to push for their "tax exemption" agenda... the professor is absolutely right - farmers can claim on direct tax relief 3 million something pounds, by combining only Agricultural Property Relief and Business property relief....on top of a number of other smaller reliefs.

[@henrydobson9419]

@ well now that this loophole is closed, private investment in agricultural assets will inevitably decline. In fact I was speaking to my tractor dealer last week and he’s already seeing a massive dip in sales.. I guess it’s a good time to be a trust officer in the Cayman Islands because that’s where the country’s serious money is going to go now. Enjoy higher food prices!

[@davidgalbraith694]

If your barely making 20k a year then surely your business model and farm is already fucked 🤔

[@kmrk4055]

This so called expert is clearly not one, he is wrong about almost everything but in typical extreme left wing style does not want to listen to any counter arguments and thinks he can just talk over people to silence them. The limit is £1million per person and that will include both agricultural and business relief it is not what he said. This man is wrong about everything. The price of land will not go down. The factors at play for rising prices of land are not the simplistic one he says. Land is in demand not just for agriculture, but building houses and other work places. For solar panels and due to climate policy for carbon capture and due to environmental policy for re-wilding and similar schemes. The price of land has risen, not just as a result of a few very, very wealthy people buying it up, that is just nonsense. The idea we will have smaller and more farms is in total opposition to the facts ,where farms have had a simple choice; sell up or get bigger to remain financially viable. His notion of having a strategy for food and farming means much higher prices in the supermarkets, it is inevitable consequence, but the government do not want that and that is why they allow supermarkets to bully farmers and ride roughshod over normal business practices. Where else does the buyer of goods tell the seller what the price is going to be?

[@ronclark9724]

The fewer the farmers, the more large corporate monopolies upping the price of our food at the supermarket... Supply and demand, the large corporations want to control the supply of food... FOLLOW THE MONEY! Something reading Sherlock Holmes reveals...

[@MasonDixonAutistic]

They don't offer any counter arguments, they simply lie about what he's saying. He's a tax accountant, none of them are qualified to dispute the facts he gives, so they don't and instead keep trying to confuse the subject with anything else. None of them resorted to your narrative after he corrected them, because they didn't have a leg to stand on but each of them does have their reputation to think about, which an anonymous person on the internet doesn't.

[@derekwhyle1884]

Do the farmers understand the majority of the public don’t support them ?

[@brianprescott2713]

That “professor” doesn’t have to be an idiot! Does he?

[@hollyrowlands6943]

Experts in their field > randos who clearly didn't pass their maths gcse

[@Brooksey95]

Could Professor Murphy sound more condescending to us simple farm folk if he tried????

[@davidanderson1095]

This professor obviously has a chip on his shoulder A graduate from mighty Southampton University Never got over not going to Oxbridge

[@CKM1109]

Play the ball, not the man David

[@Pik871229]

He's more like Chairman Mao to me, who was being asked to leave the venue by the professor when attended lecture at Peking University (the top uni in China) which he not qualified, who served as a librarian...and that's why capitalist and academics suffered (those who he hates the most) when ruling China...notably land reform (that's similar to what Labours doing on farmers) and cultural revolution.

[@hollyrowlands6943]

0 evidence of this, whilst the accountant provides plenty of logical explanations about economics and how this only impacts the richest farmers. But don't listen to experts guys, listen to people who clearly didn't pass their maths gcse instead 👍

[@Washpenrebel]

This guy is a dummy.. in Zimbabwe they took most of the farms off the experienced farmers and the production of food collapsed...

[@ronclark9724]

Pestilence and famine like the grim reaper arrived in Zimbabwe.... The far left never learn....

[@Hathur]

I remember reading about this awhile ago and was about to mention it. Sounds like a recipe for the exact same thing to happen here.

[@taffyterrier]

The farms were given to unskilled blacks.

[@ajc5479]

Zimbabwe stole land off white farmers to give to government supporters that never farmed a day in their lives. How is that in anyway similar?

[@Dogfacedbloke]

He's actually a Marxist. Same thing as a dummy but more dangerous.

[@bernieb5233]

Spiteful government Spiteful man Spiteful media..

[@hollyrowlands6943]

Experts in their field > randos who clearly didn't pass their maths gcse

[@markclans3284]

Why the tax break? I simply don’t understand.

[@Jacky5299]

Food and feeding.

[@MasonDixonAutistic]

Toryism

[@-TheSingularity-]

The single biggest farmer in the UK is not a farmer, he’s an exceptionally wealthy individual, that just happened to buy lots of IHT free land, out the goodness of his heart, because there is no money in farming ?

[@anibrown5374]

This accountant is looking to some kind of collectivisation. The 'big picture' always penalises the small man. Inheritance tax is theft.

[@Pik871229]

It's more like we are witnessing agricultural industry's nationalisation... like what we seen from many communist countries before Then the civilians suffer from famine (i.e. North Korea, Venezuela)...what a coincident isn't it?

[@jamesthomas4841]

​@@Pik871229 Are we? I don't see the Red Guards outside the houses of the Kulaks.

[@jeffcxx]

@@Pik871229 lol what?

[@MasonDixonAutistic]

The land was stolen to begin with by the Enclosure Acts. Property is theft

[@hollyrowlands6943]

Experts in their field > randos who clearly didn't pass their maths gcse

[@matthewshutt8108]

time someone told the trith about farmers

[@sagirl385]

Richard is rude, will he stand in the rain. What an opionated misinformed individual.

[@MartWilliams]

I think it would make a bit more sense for him to sit behind a computer and use his expertise there? The issues here seem to be ones of accounting (and politics), not one's ability to stand in the rain.

[@hollyrowlands6943]

Experts in their field > randos who clearly didn't pass their maths gcse

[@geraldthomas9281]

The rich have the poor crying for them. Jeremy Clarkson is trying to become a jentri. With the help of being a car show presenter.

[@willharris8324]

Tax is paid on any money used to purchase land, why should it be right to tax that money again upon death? It is already liable for capital gains tax if it is ever sold. Pay the farmers a fair price for their efforts so the government can make the money from tax on their earnings and not on their legacy left to them by their parents.

[@hollyrowlands6943]

This only affects the richest of farmers and primarily targets people taking advantage of tax loopholes.

[@willharris8324]

@hollyrowlands6943 the wealthy will still find a way to dodge the tax, but if they don't then they will likely have the capital available to pay the tax. The difference with farmers is that they don't earn enough to pay. If we earnt the money then we would happily pay the tax.

[@mhl8396]

It won't bring down the value of land as non farmers are still getting 50% relief. Wouldn't it have been better to properly definine a farmer, then anyone who is not farming, or sells land upon inheriting it, pays inheritance tax at the full 40%? The man sitting in his library hasn't thought of that one?

[@hollyrowlands6943]

Experts in their field > randos who clearly didn't pass their maths gcse

[@harrytalbot8876]

Yes land grab

[@diegolove173]

It's not ! People like Clarkson, John Dyson started this mess and now they have the audacity to march alongside farmers what joke or farmers are just stupid

[@ronclark9724]

@@diegolove173 Didn't pestilence and famine arrive in Zimbabwe when the government confiscated the land and gave it to non farmers? History has a habit of repeating itself over and over...

[@taffyterrier]

@@ronclark9724 Mugabe gave the land to black non farmers.

[@kukister]

Voted for Brexit, don't want to shoulder the burden... Pay your taxes...

[@pipins3616]

FA to do with Brexit potherb

[@Fabbydabby1]

@@pipins3616 well it actually does because the European Union was actually given British farmers subsidies to support them & once they voted out it got removed so all roads lead back to Brexit

[@trevaudio]

@@Fabbydabby1 Also removed themselves from the wealthiest most successful single market in the world, and it was right on their doorstep

[@neilling436]

he said it land comes down so the rich can buy at a better price , it about control of the people control the food control the people

[@hollyrowlands6943]

Goofy

[@martinhegarty9522]

Those that can do, those that can't teach , was a common saying in my youth.

[@hollyrowlands6943]

It's an illogical saying then. Farmers are experts in farming not economics.

[@mogznwaz]

Professor tells farmer he knows more about farming than a farmer does. Arrogant elitist 🔔 end

[@russellfelton6610]

Loves himself and has verbal diorea. If he is any sort of advisor then good help us all.

[@goodyear1954]

No, he's talking about tax, not farming.

[@kcccc5682]

He's saying he knows more about tax, not about farming.

[@michaelel650]

Murphy points out that farmers make low incomes, especially for the long hours they do, and make very little profit. He also points out that the reason for this is that the farmers are ripped off by the food industry and the supermarkets, with the connivance of every government so that food can appear cheap on supermarket shelves. the taxpayer then supports a system that exploits farmers via subsidies in a form of 'socialism for the rich' to maintain corporate profits. His main point is because of the lack of inheritance tax on large farms the very rich are buying farms as a form of tax-avoidance. This puts up the cost of farmland just when we need more farmers to ensure food security and quality. If combined with the right form of legislation, to ensure farmers are not exploited by the food industry and the supermarkets, and the right subsidies Murphy also points out that the current inheritance proposals will actually drive down the cost of farmland in favour of real farmers in the long run. With the advice of a good accountant only those who are very wealthy farmers and the tax avoiders will be badly affected. As someone has also noted this is not about farming, which should be left to farmers and experts in sustainable agriculture, as Prof. Murphy has clearly said, it is about tax and tax avoidance and about sorting out the real problems. All the best.

[@chrisdickens4268]

When did he discuss farming practices?

[@kevbrown2532]

The key point in this debate is that farmers unions are unwilling to take expert advice from anyone outside their own industry. Accountants, tax experts, have the solutions to the financial issues that farmers face. They take every comment about ways of countering issues such as inheritance tax personally. Rather than seeing the bigger picture, asking for relevant advice and applying such advice they just see the world as something to fight against. In this interview Prof Murphy didn't once attack the farmers representatives personally, he did receive some personal attacks from them though. This isn't a good look for farmers and will quickly turn people against them. Farmes may well leavethe industry, this has happened before, it will happen again but there is always a need for food and so always someone to fill the gap and take on the farmers role in society.

[@Headwind-1]

what a biased man he is . . . . must be a labour stooge . . .

[@MasonDixonAutistic]

Facts are biased

[@hollyrowlands6943]

Experts in their field > randos who clearly didn't pass their maths gcse

[@custossecretus5737]

The government expects to generate £500m a year with this plan by 2030 There were a total of 462 inherited farms valued above £1m in 2021-22, according to HM Revenue and Customs (HMRC): 345 valued between £1m and £2.5m 80 at £2.5m to £5m 37 above £5m Under the new rules, those 462 farms would be affected by the 20% inheritance tax on any value above £1m Averaging it out: £500m/462 = just over £1m each farm will pay in inheritance tax. Tax at 20% of total value would mean each of these 462 farms are valued at £5m. Let’s try the £230m the government expects in the first year. £230m/462 = £497,835 each farm will pay in inheritance tax. £497,835x5 = each of those 462 farms being valued at £2,489,177

[@timcronin-v6w]

The problem with experts is that they know stuff. The problem with farmers is that voted Brexit.

[@just_another32]

the problem with experts is that their heads are often stuck up their arses.

[@Shepz-123]

Clarkson playing to the gallery. Farmers voted overwhelmingly for Brexit and are asset rich. Bare the burden like we are all having too.

[@davidclarke1705]

The attitude of the professor is shocking, a typical liberal left academic, who knows bugger all about farming, it is a vocation and is in their blood. If we shut down the farms, how do we feed the people, import all the food and starve the poor, who cannot afford the price increase that will result. The value of land will increase, because only big corporations and the rich can afford the price and can out bid farmers, like the national trust who out bid a Cumbria farmer, who a few years ago, wanted to borrow the money to buy a neighbouring farm for one of his sons, but could not compete with the national trust, who paid way over the odds for the farm. We should learn to pay more for food and the government should invest in farms, but have become dependent on cheap food and imports of food.

[@anonymoushuman8962]

I’m sick of these whining farmers. They are worth millions. They pay themselves pittance because it suits them to avoid income tax. They know they are worth millions in assets. Do your patriotic duty and pay some dam tax.

[@Bobbymoor31]

He is a bit condescending isn't he!

[@jamesthomas4841]

He has a bit of a condescending manner but he is fundamentally correct.

[@hollyrowlands6943]

If hearing actual facts from an expert feels condescending, you might want to analyse why.

[@earnestequivocation6250]

At last - a break in the absurdly hyperbolic pro farmer Establishment propaganda…… What a breath of fresh air……..cutting through the bull. Bravo Richard

[@PAUL1DEANO]

Five mins four seconds in, let me be clear…. So it’s based on an assumption, which is often wrong when made my Marxists like him!

[@hollyrowlands6943]

Experts in their field > randos who clearly didn't pass their maths gcse

[@drkitti2244]

The spectacle wearing crazy thinks land prices will go down if farmers sell up ? What drink is he 🍸 drinking !? Does he not know inflation continues & land prices continue to rise. He is very delusional & giving false advice to the lay

[@hollyrowlands6943]

Experts in their field > randos who clearly didn't pass their maths gcse

[@horserous]

The government just taxes what it thinks it can. Whether from a farmer or an oldie, a young family, or a well-paid professional, individual circumstances do not matter. According to Murphy, tax is the price one pays for civilisation when the ROI is what Starmer arbitrarily decides

[@wildhunt806]

lowering the value of the farm through taxation, is not the right method. Does the men know how much the machinery on the farm costs ? I've never heard that anyone in EU would pay 40% IHT, despite we do not have separate taxes for different social groups.

[@michaelel650]

He has a good idea that a Farmers 'working capital' is all tied up in very expensive machines - watch his blog on the issue.

[@hollyrowlands6943]

Experts in their field > randos who clearly didn't pass their maths gcse

[@DavidWardle-w8f]

This guy is presenting as an arrogant patronising twonker who's refusing to let anyone have a say. The farm land is being bought by companies like blackrock and prices have shot through the roof and now the gov is thinking we'll screw the farmers on inheritence tax. Those inheriting the farm want to farm, not sell off the farm to settle a tax bill, and lose half the farm in the process!!

[@house2homeplus511]

Really really... attacking the people who feed us healthy foods....they should give the farmers ten million pounds

[@hollyrowlands6943]

This only affects the richest farmers and those taking advantage of tax loopholes.

[@taylormartyn]

That guy is a jackass. No one has to be a farmer!? Well, I'm bloody happy that some do, because I like food.

[@Fabbydabby1]

The point he is making is if he’s making as very little as he’s claims Then he could easily sell his farm & be set up for life by becoming a millionaire

[@hollyrowlands6943]

Experts in their field > randos who clearly didn't pass their maths gcse

[@geoffreydron1496]

Compromise needed. How about £5m as exempt limit with excess charged at 30%?

[@whatthebosh]

this is the difference between a professor using facts and a panel of people using feelings to try to get their point across

[@hollyrowlands6943]

There is no intrinsic relationship between your ability to use facts or emotions and your biological sex.

[@Richard-pe4cx]

sounds like farmers will need to get legal advice not youtube social or main stream media

[@hollyrowlands6943]

He is an accountant??? He is an expert? What is more credible than that?

[@lesliecowling2427]

I think the professor should take a break before he has an Heart attack,

[@hollyrowlands6943]

Experts in their field > randos who clearly didn't pass their maths gcse

[@YvonneCairns-c9u]

Try around 100,000 that was at the march.

[@hollyrowlands6943]

The woman in this interview is delusional and clearly has some anti-establishment bias. Her understanding of how science and data are used to form these theories is so pathetic. The only reason she feels condescended to is because her willful ignorance is being combated by an expert. Misinformation and lack of education is leading to fully grown adults lacking basic mathematical, reasoning and comprehension skills.

[@3d1e00]

Guess with Labour we will all be able to afford a house... just no food to eat.

[@hollyrowlands6943]

This only affects the richest farmers and those taking advantage of tax loopholes.

[@vietashroffoliver2521]

Support British farmers 💯

[@hollyrowlands6943]

*Support the richest farmers!

[@RichardBates-bt3sn]

He's obviously in academia, snuggly and condescendingly lecturing people who work in that environment. What strategy will there be if we don't produce our own food. Think it through, please.

[@hollyrowlands6943]

Farmers are experts in farming not economics.

[@IanCarson-tc2os]

What an obnoxious prat this guy is

[@hollyrowlands6943]

Farmers are experts in farming not economics.

[@DavidRussell-nq1gi]

The people are with farmer

[@hollyrowlands6943]

The people are dumb then, This only affects the richest farmers and those taking advantage of tax loopholes.

[@PaulDyas-y9h]

That guy is as rude as it's gets

[@Brendon-e3o]

He may be rude but he is right.

[@missjules009]

​@@Brendon-e3oNo he's not..this will cripple food production. Land sold to pay the tax, will take land away from family farmers.. through generations of experience and go to people like Bill Gates, wind farms and houses. Does this man not realise that despite the assets, they make no money

[@markgt894]

@@Brendon-e3ohe also keeps talking about £3m but that’s only if farm in joint names. There’s many older farmers who do not have time for the 7 years rule, and they’ve had no warning.

[@Notalloldpeople]

@@markgt894how do? The 7!year role has been available to them for ages and if they haven’t taken advantage of it that’s there problem. 40 years ago when the current regime was brought in there were also winners and losers but who will now shout for the asset rich tax avoiders?

[@markgt894]

@@Notalloldpeople 😆they didn’t need to take advantage of the 7 years rule as previously wouldn’t have been subject to the new IHT rules!

[@MaverickSeventySeven]

Take away Inheritance Tax on all Farms - pay those Farmers a basic "living stipen" of say around £60k + a y profits to keep -bad weather, flooding, disease, etc. immediate compensation - Remove subsidies that distort the incentives and all unnecessary beaurocracy and EMPLOY A FARMER of repute and experience IN GOVERNMENT to manage affairs!!!

[@nearlythere9443]

Just a thought, there must be a number, maybe many, sole traders who have assets similar to those of a farm/farmer, do they get charged only 20% IHT over £3m, or do they pay 40% over £325,00?

[@Dogfacedbloke]

Which sole traders would these be?

[@nearlythere9443]

@@Dogfacedbloke That I could not say. But with around 3 million sole traders in the UK, it is likely, there may well be some with business assets over £3, someone with a BTL portfolio perhaps?

[@rasputin8405]

Did dhe say the prof was an eggspert?

[@hollyrowlands6943]

He is.

[@markbetman5855]

Farmers seem to forget about all the pollution they caused through nitrates seeping into the rivers, make them clean up their act !!

[@ronclark9724]

No nitrates, less food grown, more pestilence and famine in the world... No farmers, no food... It really is that simple, no need for a rocket scientist...

[@davidwhitton5519]

Who makes the fertiliser? Plus the farmers are forced to use fertiliser because the yeilds on crops are so tight.They have to maximise yeild per acer to make any money

[@tidtidy4159]

Not to mention spreading contaminated sewage sludge on farmland.

[@davidalonzi2918]

That professor or whatever he is is so annoying. He hates to draw breath in case he gets interrupted

[@grahamfitzjohn]

He has the facts , the farmers just have their "feelings" and can't refute his data . The presenter is also clearly biased . This story is just a right wing culture war stirred up by rhe daily mail and gutter press.

[@chrisdickens4268]

Fairly unsurprisingly, he was interrupted when he did and he clearly had a lot of information, bearing in mind he had to point out to the other guest who was clearly winging it that what she was saying was contradicted by her own organisations website...

[@hollyrowlands6943]

Experts in their field > randos who clearly didn't pass their maths gcse

[@Roger-h7o]

Why impose a tax, then spent lots of time explaining how to get around it. It’s stupid or else they are lying.

[@hollyrowlands6943]

This only affects the richest farmers and those taking advantage of tax loopholes.