Farmers on the march

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Which rate suites you in terms of the tax you pay - your yearly figures or your whole life during which things might change?

The gov's interest is how much they get each year.

Could harm 70,000 farms. 70,000 / 500 = 140 years. Things in the UK haven't changed much since 1884 have they.
Its about having a noose around the neck of your business.
 
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Regan's fierce attack adds no information, but he clearly resents the idea that some prosperous people might have to pay some tax.

His position is easy to understand, but does not provide justification to support his assumption. This does not make him right.

You seem to imagine that a farmer with a farm of nominal value £1M in somewhere like the south east is wealthy. The farmhouse and buildings alone may be a large part of this, He can't cash in the assets he needs to produce our food before passing them on to the next generation to do the same. Strange that the exemption has been in force for decades without a murmur. Now we have a WEF puppet marxist in charge it's time for some wealth redistribution, all spite and envy.
 
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