Farmers Protest Inheritance Tax Changes in Wales
Farmers Protest Inheritance Tax Changes in Wales

Farmers Protest Inheritance Tax Changes in Wales

News summary

UK Prime Minister Keir Starmer faces significant backlash from farmers over controversial inheritance tax changes that threaten family-run farms. Farmers argue that the new tax structure, which applies to farms valued over £1 million, will force them to sell portions of their land to cover tax liabilities, risking the survival of multigenerational agriculture. During protests at the Welsh Labour Conference, farmers expressed their frustrations, emphasizing that 66% of farm businesses exceed the £1 million threshold, contrary to government claims that only 28% would be affected. Starmer maintained that most farms would not be adversely impacted, but dissenting voices within the farming community highlighted the emotional and financial struggles they face. The situation escalated with threats of strikes to disrupt food supply, showcasing the depth of anger among rural constituents. This growing unrest underscores the necessity for government support in the agricultural sector rather than additional burdens.

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