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Thousands of farmers gathered in central London, England, on Tuesday to protest a newly proposed death tax, or inheritance tax, on farms, which could force farmers to give up their land. The demonstration was directed at the Labour Party, which revealed the change in last month’s budget.
The policy mandates that farms valued over $1.3 million will become subject to this tax, replacing a previous exemption. Many farmers are asset-rich but cash-poor, with their land valued relatively highly, but their income from farming only being in the five-figure range.
Estimates from London’s Metropolitan Police are that approximately 10,000 people attended the protest despite poor weather conditions.
Labour officials claim that their death tax will not impact 73 percent of farms, though critics argue families may have to sell properties rather than pass them on.
Tom Bradshaw, president of the National Farmers’ Union, expressed discontent, saying the industry feels “betrayed” and “angry.” He emphasized the severe personal impact the tax could have.
Brexit leader Nigel Farage and British celebrity Jeremy Clarkson, former host of the smash-hit car show Top Gear, also spoke at the event. Clarkson, whose Amazon show Clarkson’s Farm has highlighted many issues facing British farmers, called on the Labour government to “back down” on the measures.
🎙️How bad could this be for farmers?
‘It’s the end! If you actually stop and pay attention, it’s the end!’
Jeremey Clarkson standing up for UK farmers at the protest in London. Fair play to him. He means business! pic.twitter.com/2MRXwCEgus
— Lee Harris (@addicted2newz) November 19, 2024
TRACTOR REBELLIONS.
So far, Prime Minister Sir Keir Starmer and his government have refused to back down on the new tax, and some farm protest organizers have threatened further action, including blockades of roads across the country.
Countries in Continental Europe, including Germany, the Netherlands, France, and Belgium, have also seen farmer protests over anti-farmer government climate change policies in recent years.
In the Netherlands, farmers blockaded supermarket distribution centers, preventing goods from reaching store shelves. This Dutch farmer protest led to the creation of an entirely new political movement, the Farmer-Citizen Movement (BBB), which now holds seats in the Dutch legislature and the European Union Parliament.
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Thousands of farmers gathered in central London, England, on Tuesday to protest a newly proposed death tax, or inheritance tax, on farms, which could force farmers to give up their land. The demonstration was directed at the Labour Party, which revealed the change in last month’s budget.
show more
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