Uploaded January 2025 | Updated September 2026, 1 hour ago
In their never-ending quest to tax everything under the sun, in spite of predictably devastating consequences, the UK government recently proposed imposing a new inheritance tax on farmers.
Never mind that their industry is already in major turmoil, and that red tape strangles everything they might do to improve the sustainability of their businesses... The British government would rather crush their own food suppliers than consider reducing spending or finding revenue from other sources.
The US estate tax system does the same thing, and some Americans are pushing for the US to do what the UK would do to its farmers. On this episode, the boys break these proposals down and offer a look at what would happen to the farming industry if imposed in the United States.
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LINKS:
fee.org/ebooks/taxation-is-robbery-by-frank-chodorov
bbc.com/news/articles/czj71zyy934o
telegraph.co.uk/politics/2025/01/11/supermarket-giant-backs-farmers-on-inheritance-tax-raid
news.sky.com/story/whats-the-beef-with-farmers-inheritance-tax-13256257
reuters.com/world/uk/british-farmers-protest-against-tractor-tax-london-2024-11-19
theguardian.com/world/2024/nov/20/first-edition-farmer-protests-inheritance-tax
ers.usda.gov/topics/farm-economy/farm-household-well-being/farm-household-income-forecast#:~:text=Median%20total%20farm%20household%20income,statistics%20of%20farm%20operator%20households
https://www.agriland.ie/farming-news/heres-how-many-hours-farmers-really-work-in-a-week/
worldbank.org/en/topic/agriculture/overview
telegraph.co.uk/money/tax/inheritance/why-farmers-protesting-inheritance-tax
bbc.com/news/articles/c0mzl030nkxo
mises.org/mises-wire/inheritance-tax-hikes-threaten-farmers-property-rights-uk
cdn.mises.org/deathtax_4.pdf
In their never-ending quest to tax everything under the sun, in spite of predictably devastating consequences, the UK government recently proposed imposing a new inheritance tax on farmers.
Never mind that their industry is already in major turmoil, and that red tape strangles everything they might do to improve the sustainability of their businesses... The British government would rather crush their own food suppliers than consider reducing spending or finding revenue from other sources.
The US estate tax system does the same thing, and some Americans are pushing for the US to do what the UK would do to its farmers. On this episode, the boys break these proposals down and offer a look at what would happen to the farming industry if imposed in the United States.
________________________
LINKS:
fee.org/ebooks/taxation-is-robbery-by-frank-chodorov
bbc.com/news/articles/czj71zyy934o
telegraph.co.uk/politics/2025/01/11/supermarket-giant-backs-farmers-on-inheritance-tax-raid
news.sky.com/story/whats-the-beef-with-farmers-inheritance-tax-13256257
reuters.com/world/uk/british-farmers-protest-against-tractor-tax-london-2024-11-19
theguardian.com/world/2024/nov/20/first-edition-farmer-protests-inheritance-tax
ers.usda.gov/topics/farm-economy/farm-household-well-being/farm-household-income-forecast#:~:text=Median%20total%20farm%20household%20income,statistics%20of%20farm%20operator%20households
https://www.agriland.ie/farming-news/heres-how-many-hours-farmers-really-work-in-a-week/
worldbank.org/en/topic/agriculture/overview
telegraph.co.uk/money/tax/inheritance/why-farmers-protesting-inheritance-tax
bbc.com/news/articles/c0mzl030nkxo
mises.org/mises-wire/inheritance-tax-hikes-threaten-farmers-property-rights-uk
cdn.mises.org/deathtax_4.pdf
