The average small farm in switzerland has around 2100 acres (which i think is a good key number for the uk). The average price for one acre is 11'000£. That makes 23.1 millions for land inheritance alone.

Next would be a farm-living house hybrid for estimated 3.5 million pounds, equipment (1 tractor, 2 carts, minor farm machines, loading and supply chain equipment) for another estimated 1.5 million (depreciated, value might vary) and 500'000 for inventory (corn, seeds, fertiliser...)

Rounded down, thats around 25 million pounds for a ownership transfer. If this would be taxed by 1%, the farmer has to pay 250'000 pounds.

The operative report for the 2023 autumn harvest of the average uk farm was around 40'000£. Not included are your average EBITDA values.

https://www.gov.uk/government/statistics/farm-business-income/farm-business-income-by-type-of-farm-in-england-202324#:~:text=The%20fall%20in%20income%20followed,24%25%20lower%20at%20%C2%A395%2C300.

Were at almost 40 now. Skool tries to set a new record

Technically yes if we would speak about personal investments such as art or financial investments. With farmers, inherited money consist of assets (farm machines, livestocks, houses etc), which are given from one generation to the other. The problem here is the close connection between farm equipment and personal propriety. And since those assets are traditionally really valuable, low incone farmers wouldnt be able to pay ineretance taxes because ther operative gains arent near to the needed liquidity for the tax.

A comparable case would be if a family owned IT-company where the son of the ceo becomes the new ceo and charge inheretance taxes for every computer.

Who tf is downvoting this? This is an economocally correct statement

I grew up in a highly agricultiral area and have some friends who work at farms or did their apprentiships there. Its a good and fulfilling job. But it really doesnt pay well. Ususally, farmers with a journeyman diploma equivalent (farmers who dont own a farb but are responisble for a certain amount of fields, livestock handlers or administrative farmers) earn between net 4`000 - 6'000 swiss francs, which is around the same as a clerk would make. However, farmers can benefit from free (or cheap) farm housing, being able to use farm carts for leisure and get discounts for quality of live products.

Its more tricky for farm owners because farms count as sole proprietorships. This makes it really difficult to separate company and private ownership, hence most farm owners are "technically" millionaires if assets like farm equipment, infrastructure (especially since most farms are linked to housing) livestock are counted - which is legally doable but not reasonable.

Since farm ownership is usually transered by generations, you get those multi million inheretances on paper. But the money is in unrealised gains and not in capital and must be taxed as such. Expections would be, if a farmer would inherit an ancient tractor which cannot be used for farming anymore but has a collectors value (which happens quite often)

Even worse, most farms are in bank depts due to the leasing of expensive farm equipment, mortages for farm buildings or investments in lifestock, seed or fertilizer. Due to farms being sole props, farmers adhere with assets for loasn, which would be their farms. So technically, the banks own the farms. However banks need farms for risk diversifications in certain investment portfolios and risk reduction strategies.

Tldr. Taxing farmers more is retarded since they dont realise capital gains

You easily have multiple millions in assets if a single tractor costs 200 grands

Im glad that we are on hugelol, the only plattform that still promotes smoking

Grand blue dreaming

Dont care, i drive a citroen which somehow hasnt gone woke yet....

Has the time for small city cars finally arrived?

I wonder where those woke ideas come from. I now am 2.5 years deep into my marketing bachelors degree and never ever heard anyone suggesting doing this type of campain.

Its actually quite the opposite where we get taught over and over again that we have to analyse our existing target groups to better fit them in the pre and post sale. And it isnt different in master as far as i have seen. And those are both required for the jobs that create those woke slop campaigns.

So if the people dont learn to do the woke shit from universities, how does it reappear in public?