He's already covered. If he has £3m worth of assets when he dies then his estate will be taxed.
It’s not the point I was trying to get across
Starmer stated those with the broadest shoulders would have to take more responsibility
This topic is about farms but other sectors have come into it example hairdressers or restaurants I have been trying to make the point that just like farmers there will be hairdressers and restaurants doing very well but it’s definitely a mixed bag now introducing a blanket policy change detrimental for the whole sector regardless of ability to pay of those put in this position I personally believe however well intentioned is ill thought through , how could you possibly argue that a person in Starmer position would be less able to contribute more than let’s say a small hairdressers employing 10 staff who has just been targeted for not only higher NI but also at the same time a reduction in business rate relief and a 6% rise to the living wage a triple whammy while a multi millionaire sees no immediate increase and come the time he dies which could be many years away the rate of inheritance tax could be even lower than now
So my point was always the unfairness of the budget if you happened to be a very wealthy public sector worker for the foreseeable future your taxes didn’t rise
I am no fan of the conservative but labour seem to be doing the same thing of misleading information and looking after certain sectors
Don’t forget there were other elements to the budget too and if you happen to be a young professional saving for a deposit for your first home you will now have to deal with a reduced stamp duty threshold too
Is this really the best we can hope for? As for the 22 billion black hole the OBR can only come up with just over 9 billion taking into account the pay offs for the blood scandal and post office scandal I am really not bothered who runs the country I was sick of conservative lies and i and sick of the labour lies they are all as bad as one another
I don’t think I should post anymore on this thread because I want to remain respectful to you all the other posters and the original direction of the thread but my disappointment in the direction this government is taking us is branching off in another direction I will finish by saying I really hope I am wrong about labour time will tell but I suspect a very bleak future starting to descend from next April
hopefully I am wrong and thank you for debating I respect you view