Farmers are cash poor and asset rich. Most of their wealth is tied up in the actual farm and buildings, so a 20% inheritance tax will force them to sell the farm rather than for family to continue farming. Leaving land fallow and growing no crops will leave farmers without an income so they would not be able to do it.
Gransnet forums
News & politics
Join the conversation
Registering is free, easy, and means you can join the discussion, watch threads and lots more.
Register now »Already registered? Log in with:
Gransnet »
