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Thousands of UK farmers protest against inheritance tax hike
(www.euronews.com)
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this post was submitted on 20 Nov 2024
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Why should farmers be exempt from inheritance tax? Inheritance tax is a move towards equality, to give that money to the government to equitably distribute rather than some lucky children being rich just because they had rich parents.
Inheritance tax is entirly escapable by doing dodgy shell company trust arrangements across different countries. It is a tax only paid by the lower and low middle class that prevents people to build intergenerational wealths and keeps the lower classes down. The farmers shouldnt be exempt but that doesnt mean they dont have a damn fine point.
Inheritance tax should be amended to be also paid on trusts (and stocks and shares) then. Just because it's currently implemented badly doesn't mean it's a flawed concept.
It can't be done without the entire world banking system being complicit. Plus why should my wealth be taken away just cos i died.
... cause you died and thus aren't using it anymore.
Thats a very selfish view to take not the sort of opinion id like my parents to have.