For at least 500 years most 'farmers' actually billionaire landowners have paid zero inheritance tax.
They should have paid 40% on each generation, and it has been about 22 generations.
So that means now they should face a 99.98% inheritance tax.
Let it be so.
They should have paid 40% on each generation, and it has been about 22 generations.
So that means now they should face a 99.98% inheritance tax.
Let it be so.
Comments
It doesn't have to be all farmers.
So it's only been in place for one generation.
https://www.carterjonas.co.uk/agricultural-property-relief#:~:text=Agricultural%20Property%20Relief%20(APR)%20is,the%20Inheritance%20Tax%20Act%201984.
And obviously history dont even considerate women works ... It is so not important....