Furious farmer who hates James O'Brien calls in to debate inheritance tax | LBC

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Күн бұрын

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@Kousaburo
@Kousaburo 28 күн бұрын
"Johns's gonna buy it." John was outbid by Blackrock. Blackrock has more money than John.
@ibexdnb2879
@ibexdnb2879 26 күн бұрын
Larry Fink met with Kier. It so blaitant.
@bassekaman8315
@bassekaman8315 25 күн бұрын
its free market, they can sell their excess land morally if they want to
@Ffinity
@Ffinity 25 күн бұрын
@@Kousaburo Farage met with Trump. What's your point?
@gronxman1
@gronxman1 25 күн бұрын
​@Ffinity what's your point? Has Trump proposed anything in regard to the UK yet? We need to have that bit first in order to form an opinion.
@Ffinity
@Ffinity 25 күн бұрын
@@gronxman1 He's proposed plenty, look it up.
@wharf4398
@wharf4398 Ай бұрын
I just hate the idea of farmland falling into the hands of big multinational corporations, and property developers.
@martinsleight321
@martinsleight321 Ай бұрын
It's fine if they get taxed too. Aslong as it's consistent!
@edwinbrighty5678
@edwinbrighty5678 26 күн бұрын
​@@martinsleight321it's more the cultural impact , areas of aonb being built over and food production waning. Did you not listen to Charlie?
@martinsleight321
@martinsleight321 26 күн бұрын
@@edwinbrighty5678 Never heard of tax exempt being cultural. It was really difficult to listen to Charlie - he's quite obsessed with the view from his house over a fair balance of taxation within the country.
@PorthLlwyd
@PorthLlwyd 26 күн бұрын
​@@edwinbrighty5678 AONB shouldn't include farmland though.
@happyjonn9242
@happyjonn9242 24 күн бұрын
People say they hate the idea of big global companies putting small independent shops out of business...... yet everyone still goes to the supermarket because it's cheaper.... why is this different?
@ridingonmt5366
@ridingonmt5366 Ай бұрын
"I'm the 2nd rudest person on the radio at this moment" 😂😂
@samworrell5202
@samworrell5202 Ай бұрын
Was a belter that
@ryannoble4789
@ryannoble4789 Ай бұрын
Sony award in the bag.
@TheGava4
@TheGava4 Ай бұрын
Isn't he entitled to be angry if he loses his farm?
@jbagger331
@jbagger331 Ай бұрын
Charlie is correct of course and James here earns way more than Charlie does, maybe he should pay more instead.
@jay4you853
@jay4you853 Ай бұрын
​​@@TheGava4Who said the opposite? Always pushing a weird narrative unrelated to the topic 🤷🏾‍♂️
@chessdominos
@chessdominos 28 күн бұрын
Definition of evil. Stone walling and gaslighting.
@Catsbooksandmozart
@Catsbooksandmozart 27 күн бұрын
He's brainwashed as are his listeners
@michaeloshea7360
@michaeloshea7360 26 күн бұрын
100%
@Stantheman848
@Stantheman848 25 күн бұрын
The farmer was just ignorant.. i wouldn't call him evil
@Arbaaltheundefeated
@Arbaaltheundefeated 25 күн бұрын
@@Stantheman848 I bet he would have been happy to suggest cutting welfare and other support services for the less fortunate in order to cover not raising his inheritance tax, that's usually the case with these rural right-wingers. Which I would argue certainly is evil.
@Stantheman848
@Stantheman848 25 күн бұрын
@@Arbaaltheundefeated i also bet he voted brexit... which is the ONLY reason for the £40billion taxes anyway.
@stephenlewis8760
@stephenlewis8760 Ай бұрын
The fundamental issue with farming is that the cost of farmland is no longer related to the income it can generate, but the inheritance tax it can save. Hopefully the result of this law change will mean farmland values will fall back to sensible levels so genuine farmers can once again buy farms and farm them (like 70s) and the rich city bankers will sell up at a big loss
@paulbird3235
@paulbird3235 Ай бұрын
Thank you Stephen, some sense at last. Investers ruin everything they touch, houses, utilities, you name it!.
@anfg7376
@anfg7376 Ай бұрын
the land will not be bought by "new" farmers....that's nonsense
@AlexHamilton86
@AlexHamilton86 Ай бұрын
Unfortunately by the time that happens, it will have crippled a generation of family farmers. The government *should* just take the day or two of effort it would require to put together a policy that hits millionaire/billionaire tax dodgers and not actual farmers. A bunch of farmers have already outlined ways that could happen, as real farmers aren't interested in farmland being owned and not worked. Government should also step in to regulate supermarkets making farming unprofitable without huge subsidies. Don't think tackling big business and the actual rich fits with Reeves' agenda though.
@stephenlewis8760
@stephenlewis8760 Ай бұрын
@AlexHamilton86 Well I thought that but the argument from farmers is their now £10m farmers which generates £40k profits can't afford the taxes to keep the land wouldn't a 80% drop solve everyone's problems? farmers keep their farms, ok they are no longer paper multimillionaire but it waant about the cash value right...new farmers can buy land, existing farmers afford to expand.. only people hurt are those who bought to save inheritance tax.
@paulbird3235
@paulbird3235 Ай бұрын
@@AlexHamilton86 By the time this kicks into play Labour will have been replaced by Reform or the Tory's and this policy will have been scrapped. This is scaremongering by the farmers union and the right wing press, and they know it. What the farmers really want is a 25% rise on their produce paid for by new subsidies.
@benshakespeare5159
@benshakespeare5159 Ай бұрын
Can I just mention, this man doesn't represent all electrical engineers.
@charleshallam3216
@charleshallam3216 Ай бұрын
Obviously, a Jack of all trades!
@Crystan
@Crystan Ай бұрын
Yeah, the ones I know can understand maths!
@TheMacCloud
@TheMacCloud Ай бұрын
i thought he was a farmer for all the mouth he was giving james at the start of it all... turns out he's outraged on behalf of a group of people. the same types would call anyone on the left doing that a snowflake, how times have changed!
@FischerNilsA
@FischerNilsA Ай бұрын
No, he represents farm-heirs. We all heard.
@BagOCheetos
@BagOCheetos Ай бұрын
I don't believe he is an electrical engineer.
@skunclep1938
@skunclep1938 Ай бұрын
An electrical engineer from Weymouth who is anti solar panels & wind farms… no wonder he’s so cross. It must be immensely difficult to resolve the many contradictions floating around in Charlie’s head.
@sonofsomerset1695
@sonofsomerset1695 Ай бұрын
Because unlike you he knows that green energy is a scam, its more expensive, causes mountains of toxic waste for landfill and is unreliable.
@djoakeydoakey1076
@djoakeydoakey1076 Ай бұрын
Cognitive dissonance! That poor guy must be torn!
@adrianhjordan1981
@adrianhjordan1981 Ай бұрын
He can't get any work because everyone is asking him to install solar panels and he can't help but rant at them.
@ravecrab
@ravecrab Ай бұрын
He certainly doesn't understand that solar panels aren't built on tarmac and environmentally the land they end up on is probably less monocultural than endless pesticide-riddled rows of one single crop.
@MattJBarnes
@MattJBarnes Ай бұрын
Why would you want solar panels all over the country side?
@ibexdnb2879
@ibexdnb2879 27 күн бұрын
The voice of the people versus the voice of the government.
@Lynnpjjbdndji
@Lynnpjjbdndji 26 күн бұрын
@@ibexdnb2879 when were you elected to speak for the people... You do NOT !!
@RoryLuciano
@RoryLuciano 25 күн бұрын
@@Lynnpjjbdndji 2.2 Million have already signed the petition i think the people are defiantly speaking
@Lynnpjjbdndji
@Lynnpjjbdndji 25 күн бұрын
@RoryLuciano Your delusional if you think it makes any difference.... You live In a democracy... Elections are every 4 years .... Where were the partitions when the conservatives destroyed the NHS ... Or schools falling down Or cuts to council funding... You were all strangely quiet then !!!!!!!!!
@shaynejohnson7899
@shaynejohnson7899 25 күн бұрын
@@RoryLucianothe very real petition
@user-mx7fh2ms3z
@user-mx7fh2ms3z 25 күн бұрын
the voice of the people? the inheritance tax is going to affect 500 millionaires.
@whatwelearned
@whatwelearned Ай бұрын
Shouting on the radio definitely makes you sound correct
@bonvivant567
@bonvivant567 Ай бұрын
It's the only way james deserves to be spoken to, plus he started shouting first. Maybe don't start what you can't finish.
@OKnotOK09
@OKnotOK09 Ай бұрын
​@@bonvivant567I'm sure he'll get over it. Pay your tax farmer. And he will. Game over.
@sonofsomerset1695
@sonofsomerset1695 Ай бұрын
He certainly sounded correct about O'Brien. Horrible bitter little man living in his woke echo chamber.
@AndsomeDavid
@AndsomeDavid Ай бұрын
Always wonder what people mean when they use the term woke. It seems a complete admission of ignorance and no valid argument. ​@@sonofsomerset1695
@whatwelearned
@whatwelearned Ай бұрын
@sonofsomerset1695 Yeah, being "woke" isn't offensive, you know that, right? He wasn't right at all, which is why he got angry.
@BarryOLaith-m8e
@BarryOLaith-m8e Ай бұрын
I live in a rural area. A neighbour has a salaried day job, but owns land and keeps a flock of sheep. Her SUV, diesel, garage bills, tyres, outdoor clothing, repairs to property, etc. are allclaimed against income tax. She uses her SUV about twice a year to haul a livestock Trailer, 99% of her driving is her daily commute to work. In addition, she receives all the payments, subsidies and grants that farmers can get. In my work, the head of department also had a family farm. He always asked for a receipt when buying his lunch in the canteen. I never saw anyone else do this. I wonder what that was about. In my experience, the self-employed people I know do the same thing regarding expenses, dining out, trips somewhere. It seems to me only the PAYE people and a minority of others actually pay the tax they should, they are the tax cow for all the rest who are 'at it'. The farmers are squealing because having had preferential treatment for years, they are aggrieved at being treated like everyone else. There's an awful lot of Range Rovers and Discovery 5's at the sheep shows I've been to, and in the Highland Show car park. Sure there are also poor farmers, but the agri barons are having a laugh, or were.
@maneshipocrates2264
@maneshipocrates2264 Ай бұрын
She may be among those protesting and telling us how woke, lefty, taxing the Labour party has become
@seemymobot4987
@seemymobot4987 Ай бұрын
When you're used to privilege, equality feels like discrimination
@InnuendoXP
@InnuendoXP Ай бұрын
​@@seemymobot4987 And it isn't even equality!! It's just somewhat less privilege than they had previously!
@matthewm5074
@matthewm5074 Ай бұрын
You've completely missed the point if a 2 million pound farm gets passed of that's over 300k in tax if they can't pay it then they will have to sell our precious farm land to property developer. This is already happening every where without this tax and is going to get much worse. This conversation is not about fairness but necessity. No farms means no people
@turquoise7817
@turquoise7817 Ай бұрын
@@matthewm5074 1) if it's a family farm and both partners are alive, they can actually pass on a farm worth up to £3 million without paying any tax. 2) if it's not a family farm, and it's worth 2 million, it would actually be 200k of tax, not "over 300k". This is because the first £1m isn't taxed, and the next £1m is taxed at 20%, hence 200k. Not a pittance, but only 10% of the total land value. On top of that, it can be paid over 10 years, interest free, unlike other forms of IHT.
@januszdelondres
@januszdelondres Ай бұрын
under the new inheritance tax laws 462 farms would be affected, charged 20% (above £1 million) as opposed to 40% (above £325,000) for everyone else who has to pay inheritance tax, the farmer would be able to pass on £1.325 million, if a farmer is married, his or her spouse would be able to pass on another £1.325 tax free, making the total £2.65 million tax free, farms below about 200 acres, at present prices would not pay any inheritance tax. when "king" charlie inherited his money or when the current duke of westminster inherited around £9 billion he paid not a penny in inheritance tax, that is a crime against society.
@kemalistdevrimturkaydnlanm168
@kemalistdevrimturkaydnlanm168 Ай бұрын
Absolutely. This country runs tax free islands too. We know who uses them.
@billrubble7782
@billrubble7782 Ай бұрын
Farms below 200 acres would be unviable. An arable or livestock farm only becomes viable to support a family modestly at about 400-500 acres. A 400-500 acre farm with a house and £1m machinery would form an estate worth at least £5m. Even if there is a spouse exemption, we are talking about a £400k tax bill on a farm that probably makes £50k profit in an average year. In some years, a farm of this size would make a loss. You seem to understand how the tax would be applied but you have no idea about the farming economy and the values involved. There are farms under 200 acres that would be viable but these would be intensive systems (e.g. poultry) and are much rarer than extensive livestock and arable farms.
@brianferguson7840
@brianferguson7840 Ай бұрын
In The Farmer's Weekly, their annual sentiment poll in 2022 revealed that 72% of farmers were Tory voters, and less than 21% were considering other parties ! And this at the time of Lizz Truss' Prime Ministership! I think that tells you all you ever need to know about farmers.
@brianferguson7840
@brianferguson7840 Ай бұрын
A recent survey done by Science Direct, Journal of Rural Studies, showed that 60% of farmers voted for Brexit. This study was produced using survey techniques where the participants are completely anonymous and, therefore, are not inclined to give false replies to questions due to embarrassment or shame. Further, other data flattening techniques are employed to double check the validity of the data. So, as demographic groups, farmers and Fishermen voted in the highest national percentages to ruin Britain. But now Farmers are crying about having to pay the "same as everyone else" to repair the damage caused by their greed !
@brianferguson7840
@brianferguson7840 Ай бұрын
I don't remember this fuss when universal credit was cut for the poorest in the country after covid. Nobody said a word about the cut to assisted living allowance for the severely disabled under the Tories. But now multi millionaires have to pay tax like ordinary people and the right wingers heads explode. 🤯😡🤬
@HowardWimshurst
@HowardWimshurst 22 күн бұрын
To the privileged, equality feels like opression
@Markiboy3
@Markiboy3 22 күн бұрын
Well said
@ryanlawlor4873
@ryanlawlor4873 20 күн бұрын
Who’s the privileged?
@Markiboy3
@Markiboy3 20 күн бұрын
@@ryanlawlor4873 You
@brettyates7054
@brettyates7054 20 күн бұрын
@@HowardWimshurst what do you mean by equality? Do you live your life comparable to a farmer, do you do more or less work; are you in a position to just step outside and start to farm? Should farmers be expected to live and work in the same conditions as you? I hope your house or flat has a garden… a big one. Societies that applied ‘equality’ to farming generally experienced mass starvation, sadly not equally, it was equal food for equal output so it tended to be women and the elderly who starved first, and of course during Maos famine they ended up having to eat their babies… but I’m sure you know what your doing.
@Damomasts
@Damomasts 15 күн бұрын
​@@brettyates7054 He means equality of rules being applied. The inheritance of an asset or estate is subject to taxation. It doesn't matter if it's a house or farmland, if the value is above a certain threshold, you pay tax on it. True patriots consider paying tax a privilege as its how the fabric of their country is maintained.
@Andyreally
@Andyreally Ай бұрын
Does anyone ever wonder if the Duke of Westminster should pay his inheritance taxes ?
@kellyvaters1689
@kellyvaters1689 Ай бұрын
I would hope that he has, actually, and that he did so cheerfully. Not all peers have that ability, mind you, and that has always been kind of the point of aristocracy. You as the eighteenth-generation heir to a dukedom or an earldom with lands and an income attached, are expected to keep things productive so that the next generation can keep it going when you shuffle off this mortal coil. The problem for a lot of these toffs is that they either couldn't or that they chose their own personal pleasures above the long-term benefit to their holdings and the title. The 20th century brought a lot of this system to its knees, so now it's a very few, very savvy and perhaps a tad unethical "nobles" who have come to thrive under the new system. The great houses of Britain are either museums, government satellite offices or in the hands of very-untitled but very wealthy individual families who don't care about anything but their own immediate net worth.
@davidpeacock40
@davidpeacock40 Ай бұрын
And royalty
@Pete-tq6in
@Pete-tq6in Ай бұрын
@@kellyvaters1689 what brought the landed gentry to their knees during the 20th Century was not nobles who preferred hedonism over managing their estates, it was two world wars, particularly the first. The gentry were expected to join up and fight and, due to their educations and upbringings, they were invariably tasked to become officers. Have a little look at the casualty rates for officers on the Western Front in WWI. When their sons were killed in the war, the owners of many grand estates had no heirs and, upon their deaths, their assets were taken by the state. That's why so many of the country's grand country piles fell into ruin between 1920 and 1950, with many being destroyed by arson and subsequent demolition in the 50's and 60's.
@happyjonn9242
@happyjonn9242 24 күн бұрын
Yes, anti-monarchists of which there are quite a few.
@Bertrum123
@Bertrum123 24 күн бұрын
Most of the land in trusts he dosnt own the land and neither will his son you obviously have a smart phone Why don't you look it up it only takes a couple of minutes rather than ask
@Iskandar64
@Iskandar64 Ай бұрын
That is the angriest caller I have ever heard calling into James O'Brien. If he was in the room with James I am sure he would have physically attacked him.
@brendanpells912
@brendanpells912 Ай бұрын
It's the Tory party in wellies.
@gillianpope9039
@gillianpope9039 Ай бұрын
He was definitely the rudest man that I have heard by a long way!
@paulgibbons2320
@paulgibbons2320 Ай бұрын
Oh you tease.😂
@JamesBrown-zu8iv
@JamesBrown-zu8iv Ай бұрын
Because that should not support far right empire wants either Stay Out by Brexit, whoever join any local nationalism party, and expect (not all Ai wanted generated all scoring points, but) the United States - Trump, is back. Especially this Angry Farmer wanted UK economy live of pride! What a whole for a world of absolutely Imbeciles - ever bad angry farmer wanted, others(?) - THEY ARE!
@ianritchie3810
@ianritchie3810 Ай бұрын
I doubt it, he’s one of those keyboard or in this case phone warriors… If he were in the same room as James, he probably wouldn’t have said anything at all. 🤷‍♂️
@user-op8fg3ny3j
@user-op8fg3ny3j Ай бұрын
Didn't know farmers were against solar panels and wind turbines...
@TabathaTMartin
@TabathaTMartin Ай бұрын
I thought they’d be all for them…..all well 🤷‍♂️
@christopherclarke2083
@christopherclarke2083 Ай бұрын
I've seen animals grazing underneath the solar panels - it doesn't have to be either/or.
@martinwest7250
@martinwest7250 Ай бұрын
​@@christopherclarke2083I mean to be fair not a lot to graze under the shadow of a solar panel. Not a lot to breathe carrying on with fossil fuels though of course..
@callum9999
@callum9999 Ай бұрын
​@@martinwest7250 Are you not aware the sun moves? The land under solar panels isn't necessarily in perpetual darkness, and grazing around solar panels is already a thing - it's called solar grazing in fact! (And a bit of a win-win, given the animals get their feed and it stops vegetation overgrowing the panels)
@steveburn8125
@steveburn8125 Ай бұрын
Not when they’re being paid to site them 😊
@troymeister100
@troymeister100 28 күн бұрын
Can't stand James O'Brien. He uses his public platform to promulgate his views while happily talking over guests. How can anyone develop an argument when being constantly interrupted. Shut up and let the viewer decide the truth.
@sullenpuffin
@sullenpuffin 28 күн бұрын
Ok Charlie
@pompeymik
@pompeymik 28 күн бұрын
He only talks over the idiots.
@armondtanz
@armondtanz 28 күн бұрын
he has get sum1 else to turn the volume down 🤣🤣
@Number-sq5vm
@Number-sq5vm 27 күн бұрын
@@michaelgilchrist2831 Does calling people 'idiots' usually bring them around to your way of thinking? You people are just arrogant and abusive, and you rely on bullying to try and win debates, because the truth is not on your side.
@joesesh2714
@joesesh2714 27 күн бұрын
@@pompeymik lefty woke liberal i see
@christiansimmons630
@christiansimmons630 Ай бұрын
The trail off of as he rants had me in absolute stitches 😂
@grahamlees4394
@grahamlees4394 Ай бұрын
it was the hand gesture that James did just before that which got me 🤣
@peterf1966
@peterf1966 Ай бұрын
Listened live, and I knew James would fade him out😂
@tonyrobson6457
@tonyrobson6457 28 күн бұрын
​@@peterf1966James fades everyone out, and I can't believe you actually listen to him live😂😂
@sonofsomerset1695
@sonofsomerset1695 27 күн бұрын
Yeah O'Brien had to fade him out because O'Brien lost the argument.
@christiansimmons630
@christiansimmons630 27 күн бұрын
@ no he didn’t 😂 the dude got made to look like an absolute helmet and as a result resorted to just screaming and shouting at obrien He’d lost the argument and couldn’t face it - £3m farms, that’s were you start paying tax. Now ask me to feel sorry for them
@terrychapman5335
@terrychapman5335 Ай бұрын
The guy states hes an electrical engineer obviously not a farmer . If I was to inherit a farm ,even after tax ,I would be richer than I was yesterday .Greed and tax evasion is his main driver .
@suzyqualcast6269
@suzyqualcast6269 Ай бұрын
You'd also suddenly become more liable... They'll get ya anywhichway.
@Harry-TramAnh
@Harry-TramAnh Ай бұрын
And what about when it isn't the main diver? When you've just got a family farm that has been worked on for generations and now you're having to pay 20% tax on the value, an amount that will on average tax 10 years profit to pay off. It doesn't seem right to me to tax our source of food so heavily, maybe if you're worried that anyone should actually make some money in this country, you could tax the sale of farm land.
@SteveLaw-UK
@SteveLaw-UK Ай бұрын
​@@Harry-TramAnhnotice how it came back to making money at the end there?
@Alexander-z6x
@Alexander-z6x Ай бұрын
​@@Harry-TramAnhthe rest of the uk pays 40%, averaging a job which pays less per year than a moderately sized farm of 500-1000 acres does (50.000-100.000 sqm) and you complain about a farm that could rake in northwards of 150k per year...
@Harry-TramAnh
@Harry-TramAnh Ай бұрын
@@SteveLaw-UK is it a crime to earn a living?
@brianparsons9368
@brianparsons9368 Ай бұрын
Why should farmers avoid inheritance tax just because they are farmers 🤔
@neilbower9052
@neilbower9052 Ай бұрын
they're torys, they think they're better than everyone else
@totalprecisioncarpenter5922
@totalprecisioncarpenter5922 Ай бұрын
Why should anyone pay any inheritance tax
@AdrianBourneArt
@AdrianBourneArt Ай бұрын
@@totalprecisioncarpenter5922 “why should anyone pay any inheritance tax?” To prevent the outsized power given to the wealthy over the rest of us. Prime example - Elon
@yesmate78
@yesmate78 Ай бұрын
The question.​@@totalprecisioncarpenter5922
@fricozoid1
@fricozoid1 Ай бұрын
@@totalprecisioncarpenter5922 When we all pay our fair share of inheritance tax then we can have that conversation. At the moment, the most asset rich demographic in the country are getting luxury tax breaks.
@Jits25
@Jits25 28 күн бұрын
James answer is sell your property ? Then says what are you complaining about
@ibexdnb2879
@ibexdnb2879 27 күн бұрын
Yeah. Sell your property to the government. James is a government mouthpiecs at this point.
@Jits25
@Jits25 27 күн бұрын
@ I agree
@PeachesandCream225
@PeachesandCream225 27 күн бұрын
This only affects rich farmers worth over 1.5 million
@BrokenProphet32
@BrokenProphet32 27 күн бұрын
​@@PeachesandCream225wronggggg ⚠️ the estate can be worth millions but that doesn't mean the farmer is cash rich, your house can be worth 500k but does that mean you have that in the bank? Noooo
@christiansimmons630
@christiansimmons630 27 күн бұрын
@@PeachesandCream225 you mean £3m if it’s going to your spouse or kids and you’ve got 10 interest free years to pay it and it’s half the rate at 3 times the cap of regular inheritance tax And currently only 100ish farms out of over 200,000 are worth more than that
@lellyparker
@lellyparker Ай бұрын
I can't believe this person doesn't understand inflation.
@FD-qd7zy
@FD-qd7zy Ай бұрын
See all of America
@Automat2
@Automat2 Ай бұрын
He's only angry that he'll have to pay some tax when his inexistent parents die and pass him on the farm that he's never been in.
@zxbzxbzxb1
@zxbzxbzxb1 Ай бұрын
He's not entirely wrong though, the value of land has been increasing at a rate higher than inflation since 1982, and especially from the mid 1990s, specifically because wealthy people have been buying up large tracks of farm land to avoid tax. I hope that once this policy gets put into practice that value of land will reduce because the rich don't see any advantage in buying it anymore in which case ordinary farms don't need to worry about IHT much.
@heavycritic9554
@heavycritic9554 Ай бұрын
I can. It goes for a lot of people.
@fergusdenoon1255
@fergusdenoon1255 Ай бұрын
You need to couple that lack of understanding with the presumed value of a farm, the value is only relevant in a sale, without the sale (inheritance) the farm is worth what it cost originally.
@parametr
@parametr Ай бұрын
So if I work in my dad's real estate emporium for 40 years, I can inherit it tax free?
@ibexdnb2879
@ibexdnb2879 Ай бұрын
I would hope so. Why does the government need a slice of your pie?
@verystripeyzebra
@verystripeyzebra Ай бұрын
​@ibexdnb2879 to pay for the NHS, the army, the police, schools, roads, public services,
@Joshm-j4m
@Joshm-j4m Ай бұрын
You can literally inherit shares tax free yes. As it should be
@macdac9861
@macdac9861 Ай бұрын
@@ibexdnb2879society, not the government
@mikefletcher6595
@mikefletcher6595 Ай бұрын
Well an estate agent makes a ton of money, and if his business fails no one is at threat, all estate agents could fail but we'd still find a way to buy and buy/sell houses. If farmers are forced to sell off their land to pay a massive inheritance tax bill and they then build properties on it or a put in a solar farm on that land then we all lose out because we need food to survive. Humans need food to survive, we need a home but don't really need estate agents - without farmers and without food we die. Surely there needs to be reasonable incentives for farmers to continue in a tough industry which makes little profit, and provide not only food but continue to be custodians of the countryside.
@spacemanwho
@spacemanwho Ай бұрын
The average cost of a house in the United Kingdom in 1984 was £27,823
@PJH13
@PJH13 Ай бұрын
And the average salary was 8 grand and interest rates were in the teens. It's true housing costs have gone up, but important to put them in context
@PJH13
@PJH13 Ай бұрын
​@Minimmalmythicist It's an easy bogeyman but, council house privatisation really didn't reduce the supply of housing as they were sold to the people already living in them. The main issue is demand has shot up and new supply didn't keep up. E.g. the population grew, and needed more houses per person (marrying later & divorcing more often), whilst building of new houses dropped massively after WW2 (3% p/a in the 30s, 0.5% p/a today).
@PJH13
@PJH13 Ай бұрын
@Minimmalmythicist They didn't compete with them though, because they also had the ability to block any private building (which they used, and still do). You can't be both the referee and a competitor. By blocking most housing projects not built by themselves, councils did increase their share of house building, but they killed the private building market so the actual number of houses built collapsed. In 1978 (before right to buy) the number of private houses was increasing by 0.6% p/a, in the 1930s it had been 2.5-3.0% p/a. That's the effect of planning reform favouring council housing.
@PJH13
@PJH13 Ай бұрын
@Minimmalmythicist I gave a year because it's the last one before Thatcher. Happy to discuss literally any other year in the post-war era, as they all tell the same story. If you don't like 1978, private building in the 50s-70s averaged 0.8% p/a, in the interwar years that was 2% - that is the consequence of the 1947 planning act which gave local councils total control over the building of houses. To be clear, I'm not trying to defend right to buy as there are other critiques you could fairly level, I'm just saying it's not the cause of the problem you're focused on. The solution to a supply shortage caused by the govt. limiting supply is not to get the govt. even more involved in controlling supply. If we changed the laws to a rules-based zoning system, as opposed to a case-by-case council planning process, you would solve this problem.
@PJH13
@PJH13 Ай бұрын
@Minimmalmythicist I've given you an average, that's not cherry picked its the entire period - what do you think is misleading about it? The entire period between the end of WW2 and the start of right to buy, saw private house building far lower than its pre-war levels. There's nothing sneaky about acknowledging the housing policy brought us council blocks that have since caused social and health issues, and built far fewer houses than before, was already disastrous, long before right to buy came along.
@jamesc4198
@jamesc4198 27 күн бұрын
Just sell! James, where does the food come from??? And it's not from the takeaway, my friend
@akosiamarillo
@akosiamarillo Ай бұрын
The fact that rich farmer like him is angry, irritated and cursing at James, makes me think Labour is doing something right. 😂
@deemo5245
@deemo5245 Ай бұрын
😂
@AlexisMoore-nx6wf
@AlexisMoore-nx6wf Ай бұрын
“Love to the family, Colin”
@george4vIogging
@george4vIogging Ай бұрын
Any farmers goung out of business should be fed on sovereignty
@JMRM1410
@JMRM1410 28 күн бұрын
James O'Brien- Inheritance tax threatens the future of UK farming and food security. It burdens the next generation with debt they can’t afford, forcing them to sell or abandon their farms. We need policies that protect family farms, not destroy them. It's clear you simply don't understand the issue at all.
@JohnKnott-zi6ht
@JohnKnott-zi6ht 26 күн бұрын
Farming allready has been took over,the rich own the countryside and have for a long time.
@ibexdnb2879
@ibexdnb2879 26 күн бұрын
Just as Kier has met with LarryFink of Blackrock. No surprise he is coming for the farmers.
@matthewhicks3155
@matthewhicks3155 26 күн бұрын
@@JMRM1410 ask him how many refugees he's putting up in his £1.5 million pound home and watch him exit left. Pardon the pun
@Karolinahome
@Karolinahome 26 күн бұрын
See how well breaking up farms does in Europe...they are largely unfixable in France without subsidies...its acash grab based on an outdated view of farmers as some sort of overich class
@user-mx7fh2ms3z
@user-mx7fh2ms3z 26 күн бұрын
why do we need policies that protect family farms/wealthy landowners?
@brianoriordan7281
@brianoriordan7281 Ай бұрын
If it is paid by only 5% so why are so many getting upset. This is aimed at the Dyson's and his like.
@ajwright5512
@ajwright5512 Ай бұрын
Because the Dysons like to wind them up with misinformation and set them loose.
@babaganoush6106
@babaganoush6106 Ай бұрын
and Clarkson who is using it to further his media interests
@ajwright5512
@ajwright5512 Ай бұрын
@@babaganoush6106 Absolutely, Clarkson is a Dyson. People with so much cash they don't know what to do with, that they have nothing to do other than worry about being forced to contribute to the roads they love to drive on or the police that protect their obscene wealth and because they are such awful parents they don't even trust their kids enough to just transfer the inheritance before they die.
@sonofsomerset1695
@sonofsomerset1695 Ай бұрын
It will help Dyson and his like, now they can buy up even more land that farmers will be forced to sell, at cheaper prices and still avoid 20% tax compared to if they didnt buy it. The only people this hurts are the actual real farmers working hard every day to feed the nation and this is how our communist government treats them and the elderly while they give away money to corrupt Ukraine for an unwinable war that's nothing to do with us.
@ryannoble4789
@ryannoble4789 Ай бұрын
Not true
@hectorhaus1823
@hectorhaus1823 Ай бұрын
The farmer is not doing himself any favours with this type of confrontational attitude.
@melgrant7404
@melgrant7404 Ай бұрын
Only responding to an attitude.
@nathijomac
@nathijomac Ай бұрын
The farmer doesn't inherit his farm. You can't inherit things you own. They inhert their parents farm.
@bungle3912
@bungle3912 26 күн бұрын
James O'Brien is insufferable.
@coppershark1973
@coppershark1973 26 күн бұрын
He’s right though.
@jamiewalton666
@jamiewalton666 26 күн бұрын
​@coppershark1973 no he's not, the farmer knows far more about farming than Obrien thinks he does. Charlie absolutely made Obrien look like a right muppet
@henrybuss5994
@henrybuss5994 26 күн бұрын
@@coppershark1973 what one thing did he say that was right? All he did was talk over Charlie and didn’t let him finish a single point. He just wound him up and didn’t have any kind of constructive conversation.
@Mikeoxmells-grimm
@Mikeoxmells-grimm 26 күн бұрын
@@henrybuss5994I agree, he’s getting worse as he gets older. I can barely listen anymore
@heavyriffs
@heavyriffs 26 күн бұрын
@@jamiewalton666 the discussion wasn't about farming though really was it, it was about tax?
@nickshale6926
@nickshale6926 Ай бұрын
Why does Charlie sound like the angry caller from that episode of 'I'm Alan Partridge' where Alan gets a dead cow dumped on him from a bridge?
@SouthEastMane
@SouthEastMane Ай бұрын
That is so true 🤣
@voodoochile333
@voodoochile333 Ай бұрын
You do realise that it was Alan Partridge who said the ridiculous things?
@nickshale6926
@nickshale6926 Ай бұрын
@@voodoochile333 ...and you do realise that Alan Partridge was/is a fictional character, right? ...as fictional and as made-up as I suspect 'Charlie' was from how that call went.
@SouthEastMane
@SouthEastMane Ай бұрын
@@voodoochile333 no the callers did as well - see his series set in Norwich Digital, the callers were a carbon copy of Charlie
@voodoochile333
@voodoochile333 Ай бұрын
@nickshale6926 fiction is at home with obriens opinions.
@screee5783
@screee5783 Ай бұрын
"Heat is energy" "NO IT'S NOT!" - A UK engineer. And ya'll wonder why you are where you are.
@chatham43
@chatham43 Ай бұрын
Well you voted this shower in. You can now spend the next 5 years making lame excuses for them!😊
@bigbad123321
@bigbad123321 Ай бұрын
James was saying that grape seed oil is energy. It's food!
@23Stork
@23Stork Ай бұрын
​@@bigbad123321he was talking about rapeseed oil, which is used both as an energy source and for cooking food.
@bigbad123321
@bigbad123321 Ай бұрын
@@23Stork shoot! I misheard. Rapeseed is primarily used for food though right?
@23Stork
@23Stork Ай бұрын
@@bigbad123321 I'm not sure to be honest. Either way, it's used in a lot of industries.
@MrNatbatten
@MrNatbatten Ай бұрын
It's vital that James Dyson can park his obscene wealth in farmland and assets, so he can avoid inheritance tax, because he makes a decent vacuum cleaner. (He doesn't, his vacuum cleaners and hand-dryers are 💩💩💩).
@suzyqualcast6269
@suzyqualcast6269 Ай бұрын
Whoo do peeps keeps on buyinem then.?
@kingtchenka628
@kingtchenka628 Ай бұрын
Imagine confidently calling in to debate taxes without understanding how measuring money in percentages works.
@parametr
@parametr Ай бұрын
You just don't get it. Land today is so much more expensive than 40 years ago! And of course, it will not go up in price for the next 40 years.
@M4tt888_
@M4tt888_ Ай бұрын
​@@parametrI'm pretty sure everything is much more expensive than it was 40 years ago. Why are you singling out land prices?
@parametr
@parametr Ай бұрын
@@M4tt888_ read again, think again
@M4tt888_
@M4tt888_ Ай бұрын
@parametr or you could explain what your point is, seeing as you say people "just don't get it". But when you are asked what you di mean, you don't want to say anything. Why is that?
@zoranblackie5921
@zoranblackie5921 Ай бұрын
@M4tt888_ He's being sarcastic mate...
@JIMMYNDMS
@JIMMYNDMS Ай бұрын
This guy doesn't know much about farming, let alone inheritance tax
@TheySavedSoldeedsBrain
@TheySavedSoldeedsBrain Ай бұрын
If he's that dead set against solar and wind farms, I don't think he knows much about electrical engineering either.
@JIMMYNDMS
@JIMMYNDMS Ай бұрын
@TheySavedSoldeedsBrain it'd be easier to list the subjects he _actually_ knows half a fraction of a crumb about... He was offered that option; to make more money, performing a societally and environmentally advantageous act, whilst keeping his asset; he turned it down. He is committed to being contrarian, and misrepresentation of the opposition's position.
@dkmphotography_co_uk
@dkmphotography_co_uk Ай бұрын
@@JIMMYNDMS I'm sure he's well educated on the taste of crayons?!
@nelch
@nelch Ай бұрын
Politics of entitlement
@am3ient
@am3ient Ай бұрын
Yeah, like being entitled to tax breaks no body else is entitled to.
@nelch
@nelch Ай бұрын
​@@am3ient exactly, you never see a poor farmer
@baratoplata7050
@baratoplata7050 Ай бұрын
If someone is earning just £23k a year on an asset worth 3 million plus then they don't deserve the asset, what an incredibly wasteful return for the country.
@martinhalleron6409
@martinhalleron6409 Ай бұрын
@@baratoplata7050 Or that asset is ridiculously overvalued in the first place?
@5uper5kill3rz
@5uper5kill3rz Ай бұрын
@@baratoplata7050 what would you do with it? build a waterpark? it's FARMLAND, it can only be used for farming
@superdonyoungy
@superdonyoungy 23 күн бұрын
Surely he's just playing the part now? Like a pantomime villain.
@johng.1703
@johng.1703 Ай бұрын
if nobody is buying land, then why is the land worth so much? when no one wants it, it becomes worthless, which means the value goes down not up.
@isbestlizard
@isbestlizard Ай бұрын
"Nobody goes there any more, it's too crowded"
@Backpack85
@Backpack85 Ай бұрын
Ah but can't you see, old Charlie is the last line of defence between us and the complete tarmacking of the countryside!!
@Olyfrun
@Olyfrun Ай бұрын
​@@Backpack85the 90% of the UK that is countryside. Any day now, it'll all be gone.
@rattlehead999
@rattlehead999 Ай бұрын
Corporations are buying out the land, so in the future have fun when 40% of your salary goes for food...
@dansmith4766
@dansmith4766 28 күн бұрын
So I think the issue here is who wants a relatively small portion of land stuck on the end of a farm, and the answer might be a property developer or wedding venue or something like that, but that doesn't really help with food security and I'm not sure the point of the policy was for small to medium sized farmers to have to parcel up and sell bits of their land to pay the tax.
@disl0cate138
@disl0cate138 Ай бұрын
Won't somebody think of the millionairs
@Soril2010
@Soril2010 Ай бұрын
Who do you think is going to be buying the land when the farmers kids can't afford the tax? 🤔
@Crystan
@Crystan Ай бұрын
@@Soril2010 Do you really need this spelled out? Okay, fine... firstly, there's insurance which can cover inheritance tax. Plenty of plans are literally designed to do just that. Secondly, there are loans you can take out, with the land as security to cover the tax. Thirdly, with property you can choose to pay via instalments rather than a lump sum. Even assuming all angles are lost, the person(s) inheriting the land are the ones those millionaires are PAYING for the land. That means, they effectively get the land's value in money instead. Not ideal, granted, but it's a worst-case scenario for someone who can't afford to keep it.
@5uper5kill3rz
@5uper5kill3rz Ай бұрын
communist
@Soril2010
@Soril2010 Ай бұрын
@@Crystan Awesome so theres three options, all of which result in more wealth transfer to the banker/financial class and if you can't afford those, you can just sell them your asset instead 👏 Let's just speed this up and give the bankers all the farm land, what could possibly go wrong?
@sebatolle8979
@sebatolle8979 Ай бұрын
@@5uper5kill3rzyes and? your inheritance is bye bye 👋
@Peter-g1k
@Peter-g1k Ай бұрын
Why are farmers entitled to pay less tax than the rest of us?
@suzyqualcast6269
@suzyqualcast6269 Ай бұрын
Cosov all that muck, n feeding the nation, and stuff...
@simonc4483
@simonc4483 Ай бұрын
No farmers, no food.
@BadlydrawnBen
@BadlydrawnBen Ай бұрын
Because they work for less than minimum wage for generations so we can eat
@evleenmulloy6356
@evleenmulloy6356 Ай бұрын
​@@simonc4483No doctors, no medical treatment. No fire fighters, people dying. You get my drift. No one is forced to be a farmer.
@RoofLight00
@RoofLight00 Ай бұрын
@@simonc4483 What about supermarkets, allotments (like I have and grow/sell my own produce and help out elderly and those in need with free food) Co operatives, small holdings, greengrocers, butchers etc? I have to pay inheritance tax, why should someone else dodge it and have intergenerational wealth distribution but I can’t?
@themadviking7004
@themadviking7004 27 күн бұрын
As much as charlie doesn't know the figures, this is really going to shaft farming families.... but hey food isn't important at all is it ??? And on a another topic, you dont win a debate by being a rude and condescending tw@t, he makes his money by berating, bullying the working class, the poorest in society, and also then sits back and defends pedophiles calling them "lonely", this man is absolutely deplorable and wouldn't open his mouth in a face to face situation where there are no cameras or security, bullies are always the biggest cowards!!!
@abnormalanorak
@abnormalanorak Ай бұрын
Ladies and gentlemen, it's been a pleasure to have witnessed history with you.
@tombola4046
@tombola4046 Ай бұрын
I live in the countryside, have done all my life, grew up around farms and worked on them as a kid! 90% of those farms are no owned by executives and bankers and are more hobby farms for the Clarkson/vinny jones wannabes! I feel for the small farms as I know these guys get paid peanuts from the supermarkets for what they produce and the diary industry is a perfect example of this.
@Pete-tq6in
@Pete-tq6in Ай бұрын
Perhaps the government would do well to only apply the inheritance tax to first generation land owners with assets valued over £3m or, as Clarkson himself has suggested, those whose primary income source doesn't come from farming? Clarkson would fit both of those requirements. He accepts that he should pay his fair share because he knows that he is not a typical family farmer and that he has enough cash to survive irrespective of how much profit his farm generates. It's to his credit that he is standing up for the farming community and being honest about the struggles they face, he could quite easily have sat back and said 'I'm alright, Jack, so F the rest of you', like Vinny Jones and James Dyson have. A friend of mine who runs an agricultural machinery repair and maintenance business said that by creating 'Clarkson's Farm', Jeremy Clarkson 'has done more to highlight the struggles faced by the British farming community than anyone else in the last fifty years'.
@joeleaton8752
@joeleaton8752 Ай бұрын
Charlie isn’t a farmer…. Or a tax expert…
@fredsmith1970
@fredsmith1970 Ай бұрын
He's just a tad concerned he's not going to be as wealthy as he thought he was going to be.
@localreviewking134
@localreviewking134 Ай бұрын
Or a zen Buddhist.
@highlandgnome
@highlandgnome Ай бұрын
He's a proper Charlie.
@vincentvangogh8092
@vincentvangogh8092 Ай бұрын
@@localreviewking134 haha
@Cespar997
@Cespar997 27 күн бұрын
Neither is James. He knows even less than Charlie about all this clearly.
@uahmed2042
@uahmed2042 26 күн бұрын
This was pure comedy!! 😂😂🤣🤣🤣🤣
@paulfrancis8764
@paulfrancis8764 Ай бұрын
Suddenly farming is a vocation. Nothing to do with the money whatsoever
@suzyqualcast6269
@suzyqualcast6269 Ай бұрын
Or sommat you just get stuck in doing forever and a day and n E x t.
@majudaem
@majudaem Ай бұрын
It is a vocation your right next question
@chatteyj
@chatteyj 27 күн бұрын
I mean an average £30k farm profit a year these days... its not exactly a great money spinner is it, many farmers have sold up in the past thirty years due to declining profits
@Novacngood185
@Novacngood185 26 күн бұрын
When has farming Ever been a money spinner? I'm out walking my dog enjoying myself while farmers have to do the jobs rain or snow.
@paulfrancis8764
@paulfrancis8764 26 күн бұрын
@@Novacngood185 poor souls! At least they’ve got their expensive designer jackets to keep them warm and dry.
@bandsbikesandboozereviews
@bandsbikesandboozereviews 27 күн бұрын
Bottom line is that inheritance tax is immoral. It should be scrapped.
@coppershark1973
@coppershark1973 26 күн бұрын
What an idiotic comment. You don’t get to be rich because your parents are! Inheritance tax is as fair as fair can be unless you are a farmer who is able to AVOIID IT or get it halved!
@haiderman1610
@haiderman1610 25 күн бұрын
Inheritance tax would not be a problem if the rich were taxed fairly in the first place
@bandsbikesandboozereviews
@bandsbikesandboozereviews 25 күн бұрын
@@coppershark1973 who dictates you don't get to be rich because you're parents are? Why not?
@gordonstrong5232
@gordonstrong5232 Ай бұрын
Poor Charlie, he might not be able to upgrade his Range Rover next year 😥
@sonofsomerset1695
@sonofsomerset1695 Ай бұрын
How long have you been a communist?
@13thnotehifireviews7
@13thnotehifireviews7 Ай бұрын
Not very intelligent. The guy that’s the looser here is Obrien. When he asks him to sell his land and the farmer rightly says who will buy it when the land is demarcated for food production and farmers , who have the farms for generations, will sell to avoid the inheritance tax. It’s an absolutely bonkers labour policy. Farmers don’t drive range rovers on £50k revenue a year before they account costs. They can’t. Watch clarksons farm and the £100 profit per year then you’ll get an idea how tough farming is. It’s about people making our food and being custodians of the countryside. They don’t realise the value of the land and their are strict tenancies on who the land can be passed too
@gordonstrong5232
@gordonstrong5232 Ай бұрын
​​@@13thnotehifireviews7 This tax only affects the top wealthiest farmers. I spent about 10 years delivering goods to farmers, some of my customers were absolutely loaded. No sympathy. Edit: And when I say "loaded" I mean farmers who owned, mostly through inheritance, thousands of hectares of land, and property portfolios with dozens of country houses. My wealthiest customer had a net worth of £70 million back in 2014, he's probably worth a lot more now because of land and property price increases.
@ebentley1355
@ebentley1355 Ай бұрын
@@13thnotehifireviews7 except 40% of farms have been purchased as Tax Avoidance schemes. Go back to searching for Brexit Unicorns and Sunlit uplands now.
@kudosbudo
@kudosbudo Ай бұрын
@@13thnotehifireviews7 they will sell, sombody else will buy the farm and noth9ng will change.
@Calvin-ce7ri
@Calvin-ce7ri 27 күн бұрын
Mr O,'Brien is wrong.
@rezlems2827
@rezlems2827 Ай бұрын
This man hates James so much that he is barely able to speak with him
@sonofsomerset1695
@sonofsomerset1695 Ай бұрын
If you dont hate far left bitter little O'Brien then there's something wrong with you.
@5uper5kill3rz
@5uper5kill3rz Ай бұрын
bit like the left who actually end lifelong relationships with their friends and family over which box they put a cross in on the ballot paper.
@jeffsimon9594
@jeffsimon9594 Ай бұрын
I know how he feels
@Eyey_Ron
@Eyey_Ron 27 күн бұрын
​@@jeffsimon9594Why watch things that get you all mad?
@jeffsimon9594
@jeffsimon9594 27 күн бұрын
@@Eyey_Ron "Know your enemy"
@spacetime3
@spacetime3 Ай бұрын
Here are the facts. 1) No IHT on land value under 1m and 3 mil if a couple. at 20% not 40% like everyone else 1/2 of everyone else. 2) Land prices have increased because rich people faking farming to enjoy the tax loop hole. Land prices will drop as they sell and farmers can buy at better uninflated rates and do what they enjoy. 3) Payed over time 10 years interest free time to pay it... INTEREST FREE !!! 4) On the Subject of Agri Equipment nearly all of the assets used in a working farm will attract either agricultural property relief (“APR”) or business property relief (“BPR”) at 100 per cent. This means that no IHT is payable at all on the transfer of these assets. 5) According to current tax information about 500 estates are actually affect a year out of 209,000 farm holdings as of 2023. 6) Affected only when the IHT is applied.. This not something that's constantly happening to any 1 individual all the time and can already be planned for and avoided... 6) 7 years time to gift it and even then its Tapered (3 to 4 years - 16%; 4 to 5 years - 12%; 5 to 6 years - 8%; 6 to 7 years - 4%)
@5uper5kill3rz
@5uper5kill3rz Ай бұрын
1/2 of everyone else but nobody else needs their mum and dads or grandparents house to work for a living?
@spacetime3
@spacetime3 Ай бұрын
@@5uper5kill3rz No one else has 10 Years an No Interest to pay. You can pay 0% if planned and even then its tapered, Everyone else is subject to IHT... Most importantly it affects literally only the Most wealthy not the average farm, ill say again can be avoided, and its tapered... This is the same case of farmers being brainwashed the same way they were for Brexit. Make it make sense....
@jameslindsay4705
@jameslindsay4705 27 күн бұрын
James O'Brien is terrible at listening
@Stantheman848
@Stantheman848 25 күн бұрын
Difficult to listen to brexit voters.
@marty1459
@marty1459 23 күн бұрын
He hasn't got much choice but to listen when he's talking to an emotional man toddler that can't control his emotions. It was one of the most embarrassing callers have ever heard on this radio station. The victim hood was cringe.
@ukbloke28
@ukbloke28 22 күн бұрын
he listens perfectly IF people arent talking lies or incorrect facts. You'd prefer him to let people lie on air and say nothing?
@andyserkiz3384
@andyserkiz3384 6 күн бұрын
He is a narcissist.
@callumscott5107
@callumscott5107 29 күн бұрын
The point he was making that nobody seems to have noticed is that when most people inherit their parents house, the house is a bonus, an extra. The tax they pay on it is inconsequential to their living, it’ll mean they’ll probably have to sell the house to pay it off but so what, they don’t need the money or the house, it’s better than nothing. For farmers over the threshold, and for adults who share their living situation with their parents, inheritance tax means the loss of ‘their own’ home: the place they’ve lived and worked their whole life. It’s a very different experience to that of the average person.
@charliefreck
@charliefreck 26 күн бұрын
If only the caller could have said that rationally he might have not sounded like a gammon
@glasgownative81
@glasgownative81 23 күн бұрын
Yeah I really feel sorry for someone who is having to pay inheritance tax on their inheritance over a couple of million.
@callumscott5107
@callumscott5107 23 күн бұрын
@@glasgownative81 You say that like they own Rolls Royce’s and go sailing for 3 months out the year, and not like most of their wealth is in land and other assets that they use to farm.
@glasgownative81
@glasgownative81 23 күн бұрын
@callumscott5107 am sorry but trying to get me to sympathy for people worth millions having to pay tax will never happen. If they sold their farm they could go on holidays 3 times a year
@callumscott5107
@callumscott5107 23 күн бұрын
@ And who do you think is going to buy up the land when they’re driven to sell it? Poor people?
@keithhealing1115
@keithhealing1115 Ай бұрын
If all he wants is "beauty" then the land should go to the National Trust...
@fricozoid1
@fricozoid1 Ай бұрын
What beautiful about a ploughed mud field with 2 tractors and a caravan on it 🤣
@suzyqualcast6269
@suzyqualcast6269 Ай бұрын
Like the last time Labour went into and after the then landowners...
@Em-ke3nm
@Em-ke3nm 24 күн бұрын
do you know what an AONB is? XD
@arkham666
@arkham666 Ай бұрын
They really show their hand the moment they start screaming the word woke like it's some kind of insult.
@leelhasa6294
@leelhasa6294 Ай бұрын
woke is pretending to be awake, progressive and virtuous whilst buying Made In China and supporting slavery and the rise of the biggest polluter and tyranny on Earth. Woke is a joke.
@pandemoniumphilosophy3576
@pandemoniumphilosophy3576 Ай бұрын
i disliked for james, the farmers a legend
@xandergray6885
@xandergray6885 29 күн бұрын
I used to love LBC and I even quite liked James, now I just think he is an arrogant, condescending, ignorant champagne socialist
@deltabot6550
@deltabot6550 29 күн бұрын
He isn't a socialist so...
@growlinggrowler-c2v
@growlinggrowler-c2v 28 күн бұрын
@@deltabot6550 His views are very aligned. Hes an obveous Labour supporter, I have seen this bias over many of his shows.
@deltabot6550
@deltabot6550 28 күн бұрын
@@growlinggrowler-c2v Labor isn't socialist. You people don't know what words mean.
@FlyingAt30000Micrometres
@FlyingAt30000Micrometres Ай бұрын
He's seriously trying to argue that he's hard done by, by being taxed at half the normal rate because he lives in the house he works out of... Unlike the majority of people who have to rent in order to live somewhere and will have to pay double a farmer's tax... Pathetic loser! I halfway wish they lies he spouts were true so that he would get absolutely hammered in taxes just out of spite...
@PJH13
@PJH13 Ай бұрын
I agree, he shouldn't be taxed at half the normal rate. He should be taxed at 0%, as should everyone else. It's completely nonsensical to have a 40% tax on the value of whatever you've saved when you die, when you've already paid tax to earn the money in the first place. All it does in incentivise people to spend their money on frivolous things before they die.
@5uper5kill3rz
@5uper5kill3rz Ай бұрын
If they rent they aren't going to be paying any inheritance tax
@PJH13
@PJH13 Ай бұрын
@@5uper5kill3rz equipment, and livestock alone can be worth millions. So yes they are.
@ScoutAboutTheBeeDog
@ScoutAboutTheBeeDog Ай бұрын
@5uper5kill3rz ermmm If they rent they are worse off. Their machinery and livestock will be over the £1m threshold, and they don't have a farm house to add to the estate. And, what happens when the landowner they rent from sell up? I had this chat with a farmer that rents just this morning. He is in the worst position of all of them.
@Andrei-hq9jd
@Andrei-hq9jd 27 күн бұрын
James is a muppet.
@eddylonergan142
@eddylonergan142 27 күн бұрын
I don't like Mr O'Brien either. The man is saying the farm is ALSO his home, his income, his way of life. whereas Mr O'Brien receives an inheritance it is not or his salary or his savings. That is the difference and a huge one. I can't understand that people cannot get to grips with a Farmer is just as important as a Doctor, Nurse, Policeman. fireman. Infact quoting Gareth Wynn Jones you will need a Farmer three times a day, Breakfast - Lunch and Dinner. When Mr Obrein finds the supermarket empty will he then still point the finger at the Farmer. MOST PROBABLY….
@luckyfromsurrey
@luckyfromsurrey 25 күн бұрын
In reality, you dont need as many farmers. You need their land. Plenty of food prodcution for cheap. Govermenrs subsidy a ton for farmers
@bogdan78pop
@bogdan78pop 25 күн бұрын
" When Mr Obrein finds the supermarket empty " ....The EU say.....hold my Beer ....What do you need ?? we got it cheaper , and more diverse...!!!!
@bogdan78pop
@bogdan78pop 25 күн бұрын
@@luckyfromsurrey They don't get it ...but are uneducated in the agricultural economic field.....Don't sell the land ...LEASE it to the big corporations...they will make money , former farmers will make money ...food is cheaper for everybody else ...!!! win -win situation...!!!
@ExploreGamesAndMore
@ExploreGamesAndMore 25 күн бұрын
You're talking about owning the land and business as if it's a negative and not a positive.
@KateWalsh-zq8oz
@KateWalsh-zq8oz 24 күн бұрын
Mr O'Brien is probably one of these people that agree with Inheritance Tax because his own family have distributed family monies/properties prior, hence avoiding tax. Be interesting to find out whom own his parents home and his wife's parents home!
@manuelguerraphotography7168
@manuelguerraphotography7168 24 күн бұрын
"Stick in your lefty woke liberal London.. you know nothing about farming" Says it all! GOLD
@joeblack8915
@joeblack8915 27 күн бұрын
LBC - The Labour Broadcasting Corporation.
@lazypops3117
@lazypops3117 27 күн бұрын
decency happens to own left, doesn't make it partisan
@alexsumption9704
@alexsumption9704 Ай бұрын
I'd love to see James O'Brien actually held accountable for being an arsewipe
@PaulInPorirua
@PaulInPorirua Ай бұрын
That's not going to happen with any of these callers.
@PaulInPorirua
@PaulInPorirua Ай бұрын
@shaun-y7r Oh, for God's sake... not everything is a conspiracy. Maybe these people sound thick because so many people who hold these opinions are.
@PaulInPorirua
@PaulInPorirua Ай бұрын
@shaun-y7r He's easy to figure: that 'debate' style is simplistic. Someone with brains wouldn't let him play the games. That's not me; I'd get angry and talk too fast, which is the problem most of these people have. They have an agenda, and think "I'll show that James O'Brien." Then they open their mouths and look like idiots.
@PaulInPorirua
@PaulInPorirua Ай бұрын
@shaun-y7r No, but then is true of any talk show host. LBC get accused of bias from the other side with someone like Ferrari. As for this call, the man was angry before he got on the call - maybe in anticipation of what might happen, but still. He was incoherent and blinkered, and JoB did what he will always do, and played out rope for the guy to hang himself. These people shouldn't call, but if they must call, they should come on with a narrow point in mind that they stick to. What was the point of asking JoB if he knew the price of arable land? Why didn't he stick to his point that if you or I inherit, our home isn't on the line. Not that that is true most of the time, with most farms;and in the UK owned by the Crown and agribusiness.
@PaulInPorirua
@PaulInPorirua 29 күн бұрын
@shaun-y7r I'm seeing different stats to you. I've seen it said that over half of all farms are under 20 hectares, and would not pay tax under this arrangement. The targets are big landholdings. The threshold for where you'd pay tax, and this will depend on what part of the country you're in, is just under 90 hectares.
@taia-b8f
@taia-b8f Ай бұрын
"Blah blah blah" - an adult
@f104G
@f104G Ай бұрын
Are you though?
@garygreen226
@garygreen226 Ай бұрын
Seems to me he’s losing the argument and started insulting James
@melgrant7404
@melgrant7404 Ай бұрын
James is hardly pleasant .
@garygreen226
@garygreen226 Ай бұрын
@ but here you are
@melgrant7404
@melgrant7404 Ай бұрын
@@garygreen226 I hadn't watched him before actually. First time .
@garygreen226
@garygreen226 Ай бұрын
@ still here ?
@melgrant7404
@melgrant7404 Ай бұрын
@@garygreen226 I replied to your comment. How is that still here.
@Anigmama
@Anigmama Ай бұрын
He’s an electrical engineer? Thought he said he was a farmer? He should sell all that bluster to the Grid and pay his inheritance tax with the proceeds!
@barryking3714
@barryking3714 Ай бұрын
How can an adult be such a child and seemingly not be aware of it.
@nutloaf
@nutloaf 27 күн бұрын
James O'Brien - How to be right in a world gone wrong. Thank goodness I haven't read his book. The smugness to go with it means he refuses to listen as his point is the correct stance.
@stevennisbet8328
@stevennisbet8328 Ай бұрын
Last occasion us townies failed to appreciate the countryside it was about fox hunting being banned. Now its about the impact on their inheritance or tax dodgers gaming the system a la Clarkson. Now their driving 30k+ tractors into the cities on subsidised red diesel asking et al to feel sorry for them.
@jimpaddy79
@jimpaddy79 29 күн бұрын
30k+ tractors lol, some of the ones I have seen on news are over £200k
@TalesOfWar
@TalesOfWar 7 күн бұрын
They're also stopping ambulances from getting past. Just Stop Oil protesters were arrested for that and pilloried in the right wing media. No such outrage when the farmers do it.
@TalesOfWar
@TalesOfWar 7 күн бұрын
@@jimpaddy79 Maybe they missed a 0?
@MrSamBroughton
@MrSamBroughton 29 күн бұрын
It’s not about tax it’s a land grab
@jaqssmith1666
@jaqssmith1666 28 күн бұрын
it is amazing to me that you people tolerate an inheritance tax at all. i struggle to think of a more vile tax.
@GGMC556
@GGMC556 28 күн бұрын
A lot of people over here (Probably most) actually take pride in paying tax.. and they look down on others who refuse to take part in this joke system. Willing slaves.
@roryr8
@roryr8 27 күн бұрын
How dare rich people pay their fair share
@sonofsomerset1695
@sonofsomerset1695 27 күн бұрын
@@roryr8 Yeah the jealous left want everyone as poor as they are, no matter how hard people work. And then they wonder why services are falling apart and nobody is working hard enough to look after them.
@user-jr9wy6tl5k
@user-jr9wy6tl5k 27 күн бұрын
Yeah because the system of rich entitled kids inheriting generation after generation has served the UK well to this point.......
@drriks0017
@drriks0017 27 күн бұрын
So you don't have to pay tax that the rest of us do... that's the vile bit...
@BarryAllenMagic
@BarryAllenMagic Ай бұрын
Do I care about Charlie? Yes, of course I do......about as much as Charlie cares about paying Inheritance Tax. What an angry little man. PMSL! 😂
@-jamthesun1103
@-jamthesun1103 21 күн бұрын
Inheritance tax protects Farmers. The only reason farmland is worth so much is that people buy it to avoid inheritance tax. A £3m farm making £25k return is not a sensible business. Raise inheritance tax thereby reducing demand as a tax avoidance mechanism then address the monopsonistic powers of supermarkets and food production companies to increase the value of farm production. That will save farming.
@NicoDarroch
@NicoDarroch Ай бұрын
Phone this man a waaaaambulance.
@snakeplissken526
@snakeplissken526 Ай бұрын
Lot of contradictions in this guy's argument. First he's a farmer, then he's not, he's an engineer. Therefore his parents own the farm, so he has his own house and livelyhood, but he's complaining that if he has to sell it to pay tax, he won't have a home or livelyhood. If I had my own house and career and my parents left me a £4m property, I would be laughing all the way to the bank and retiring early!
@suzyqualcast6269
@suzyqualcast6269 Ай бұрын
Unless you had siblings gone sneaky and tried to turn you out of your inheritance by mind affecting said parents and easing you out behind your back. Inheritance brings out the foulest worst in some folks.
@Jits25
@Jits25 28 күн бұрын
How about the government stop spending and wasting money then we don’t have to raise tax
@alistairsavoury1074
@alistairsavoury1074 24 күн бұрын
These farmers sound like brexiteers! LOL
@neilsimpson4863
@neilsimpson4863 27 күн бұрын
James O'Brien is a horrible person
@EsseaMusic
@EsseaMusic 29 күн бұрын
Normally I’m with James but the caller is right, parents die and you if you work on farm have to pay a tax to keep your job. Obvious answer is to sign ownership to multiple grandchildren asap
@dylanwall696
@dylanwall696 29 күн бұрын
Or he could sell the £3+ million farm and just retire
@egodeath260
@egodeath260 29 күн бұрын
Sell it to who? ​@@dylanwall696
@1djfuzion
@1djfuzion 29 күн бұрын
@@dylanwall696imagine if every farmer done that, there would be no farms left and you’ll be paying £25 for an imported broccoli
@judephotography
@judephotography 29 күн бұрын
@@dylanwall696this is the problem with a lot of you LBC listeners. You just don’t get it. If all the farms are sold to say rich businessmen, they will destroy the remaining countryside we have. They will want to build houses etc to make money. It’s not just about money, it’s about saving the Uk countryside. I live in Cornwall and can tell you now the best part of this life is the beautiful countryside.
@dylanwall696
@dylanwall696 29 күн бұрын
@@1djfuzion erm, wouldn't someone else just by the land? I mean, isn't that why farm land costs quite a bit an acre?
@lottesmith9406
@lottesmith9406 Ай бұрын
Usual James O'Brien closing down people who don't agree with him. Allow the caller to speak. Allow the listener to hear what the caller has to say. James O'Brien cannot do it. That's why I rarely listen to him
@freudsigmund72
@freudsigmund72 23 күн бұрын
the farmer who worked on the fields for 40 years and dies doesn't pay tax at all. the children who inherit the farm have to pay the tax.
@silvercfox7366
@silvercfox7366 Ай бұрын
If they hadn't of voted for brexit this policy could never have been implemented...silly farmers 😂
@joshuaDstarks
@joshuaDstarks Ай бұрын
Time to pay up, Charlie.
@Jacky5299
@Jacky5299 Ай бұрын
Communist, I like food, it's needed.
@sonofsomerset1695
@sonofsomerset1695 Ай бұрын
Yeah sell your farmland so the super rich can buy it up cheaper and still avoid 20% tax they wouldnt have before. Not very bright are you.
@ScoutAboutTheBeeDog
@ScoutAboutTheBeeDog Ай бұрын
Time to for you to pay more for food. Hope you can afford a double in price rise
@benfowler1134
@benfowler1134 Ай бұрын
@@Jacky5299 There's this thing called "foreign trade". You might have heard of it?
@verindictus3639
@verindictus3639 27 күн бұрын
@@benfowler1134 You apparently haven't heard of the reasons why relying on other countries for your food makes your own country vulnerable.
@TheRobn007
@TheRobn007 27 күн бұрын
Generally, when a house is left to family members, it is sold and the cash realised and therefore taxed. When a farm is left, Generally the descendants / beneficiary continues to work the farm and the cash is not realised. No one is made wealthier (except on paper). If this tax must be brought in, then it should be payable, only if the farm is sold, say within ten years. That way, the true farming families will be able to continue producing food for our country. Those using the farm tax as a loophole would have to pay the tax in order to realise the cash. That would seem fair to me.
@tonysammut3799
@tonysammut3799 25 күн бұрын
If e.g. James Dyson leaves his land to a young relative (grandchild or great grandchild) then 10 years isn't that long to wait to sell and avoid inheritance duty. How would you differentiate between those people (Dyson, Clarkson etc.) who have bought land for the avoidance of inheritance duty and working farmers? I have saved for 30+ years for my pension, so 10 years doesn't seem that long.
@unclemoe1683
@unclemoe1683 28 күн бұрын
James you were being douchy I’m affraid. Just be polite to this hard working human being
@Prophet_Google
@Prophet_Google Ай бұрын
*Most farmers I have seen have cars worth 50k atleast!*
@Drtyffgh756
@Drtyffgh756 27 күн бұрын
James O'brien is so condescending
@kimsherriff3962
@kimsherriff3962 27 күн бұрын
Why , the caller is really angry about a policy he doesn't understand and is comparing it to 84. IHT is based on percentages not ridiculous feelings like his. What an angry person.
@JamesMorgan-ne8qu
@JamesMorgan-ne8qu 26 күн бұрын
When he does deal with a lot of cretins.
@Drunk_Plankton
@Drunk_Plankton 26 күн бұрын
Charlie shouldn't be such a nasty little fella then should he.
@nickgiles1991
@nickgiles1991 26 күн бұрын
@@kimsherriff3962 he does understand the policy... what is there not to understand. If you own a 5 million pound estate that produces food worth 50k a year and your parents die leaving it to you... you have to find 400k for tax funded by a business that makes less earnings than a teacher....... the system is broken by our greed for cheap food so it needs government assistance for farmers and not beating with a stick.
@KGEEEBRAINROT
@KGEEEBRAINROT 23 күн бұрын
@@kimsherriff3962haha the caller is angry? You clearly chose to ignore that James actually starts shouting at the caller first 😂 typical liberal ignoring reality
@TehCrushinatorz
@TehCrushinatorz 28 күн бұрын
My children won't be able to afford to keep my farm after I die after inheritance tax. Just sell your stuff he says to someone who is near minimum wage. Great, less farmland, or more people. This country could barely afford to feed itself 80 years ago. His attitude is basically "trust me bro" and a total act of faith that continued supplies from imports that will never stop coming. Haven't we already seen the effects of the Ukraine war on the price of food in Europe? This man, I cannot believe for a second ever grew up in a rural area, because he has the exact same attitude of city dweller who thinks all food comes the supermarket and not a finite supply.
@RubenGugis
@RubenGugis 26 күн бұрын
He's a propaganist for the powers that should not be, what do we expect.
@Lynnpjjbdndji
@Lynnpjjbdndji 26 күн бұрын
@@TehCrushinatorz you deliberately left out the value of your assets... ? Don't believe a word you said !!!!!!?
@TehCrushinatorz
@TehCrushinatorz 26 күн бұрын
@@Lynnpjjbdndji Not my assets, I didn't add speech marks, for that I apologise for the misunderstanding.
@DairyNZ
@DairyNZ 27 күн бұрын
I'm so pleased I left farming in the UK and came to NZ. At least NZ farmers are respected by the general public. You'd never have a radio broadcaster talking down to farmers like this over here. The British will really regret loosing control of their own food production, as land is sold to developers and foreign buyers.
@wizardswine
@wizardswine 27 күн бұрын
The general public has really come to farmer's sides in recent times. And at the very least most of the rural people were always on their side.
@Darskeo
@Darskeo Ай бұрын
That’s one of the most obnoxious people I’ve ever heard on the radio.
@JustinHH22
@JustinHH22 Ай бұрын
Yeah, you would say that
@Darskeo
@Darskeo Ай бұрын
@ what do you mean?
@jeffsimon9594
@jeffsimon9594 Ай бұрын
IKR, I cannot believe LBC have not fired old Jimbo yet.
@MattieBennett
@MattieBennett 28 күн бұрын
First time listener?
@redred7289
@redred7289 Ай бұрын
Maybe phone a tax lawyer rather than a radio show.
@melgrant7404
@melgrant7404 Ай бұрын
Agree.i wouldn't talk to James.
@C2112-s7y
@C2112-s7y Ай бұрын
or a psychiatrist.
@chatteyj
@chatteyj 27 күн бұрын
@@C2112-s7y who James?
@marco12377
@marco12377 Ай бұрын
Charlie needs an education and therapy....
@Seafarer-Ade
@Seafarer-Ade Ай бұрын
It's you that needs the education.
@radoll8404
@radoll8404 24 күн бұрын
Why they never tax the rich ones? Many companies are making millions annually.
@leob6534
@leob6534 Ай бұрын
Charlie would vote for Trump if he could. His 'logic' is indisputable.
@HerbyRuths
@HerbyRuths Ай бұрын
I'm an American Anglophile whose drive to emigrate to the UK is fueled by these arguments. Utterly delightful!
@SgtWilko1979
@SgtWilko1979 Ай бұрын
You're version of this has gotten a lot scarier of late
@5uper5kill3rz
@5uper5kill3rz Ай бұрын
@@SgtWilko1979 not really, maybe the left / centre left side of politics should stop abandoning & demonising the largest demographics within their populations and they might win elections
@aCleverFishingPun
@aCleverFishingPun Ай бұрын
Charlie definitely voted for Brexit
@LBCOfficial
@LBCOfficial 15 күн бұрын
James wasn't 100% sure this was a genuine call...so he confronted king of the prank phone call Dom Joly to ask if he thought it was real: kzbin.info/www/bejne/gpiYepKlaK2UqJI
@barnigranero5882
@barnigranero5882 Ай бұрын
Please when anyone criticises you for being "woke" or criticises something for being "woke", ask them why they support racism.
@yesmate78
@yesmate78 Ай бұрын
Give over
@TeddyG-y6s
@TeddyG-y6s Ай бұрын
You mean pulling out the well worn dog eared race card????
@barnigranero5882
@barnigranero5882 Ай бұрын
@@yesmate78 Are you supporting racism?
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