Steve
Hero Protagonist
Posts: 3,698
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Post by Steve on Nov 21, 2024 13:54:44 GMT
But, the owners of any arable land can get planning permission and the value of land definitely did go up significantly during the Blair, Brown, years and also, at a slightly slower rate but still a big increase during the 14 years of Cameron, May, Johnson, Truss and Sunak. A family that has owned land for generations, is going to get clobbered for no other reason than inflation, when the next generation of that family inherit land that is now worth millions. Labour once has a plan that this could never happen. That the arable land would be compulsory purchased by the relevant council at fair arable land rates and then auctioned off as building land so the community benefited and not some individual. A good plan IMHO |
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Post by vinny on Nov 21, 2024 13:57:40 GMT
Compulsory purchase of arable land reduces farm output and raises food prices.
It's also worrying that our population growth isn't being stemmed.
More people and less food would if the situation were allowed to continue for long enough, result in famines and mass deaths.
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Post by dappy on Nov 21, 2024 14:05:51 GMT
Blimey.
An inheritance tax change affecting 500 people per year causes mass starvation death. They really haven’t thought this through….
Oh well at least we are getting the population reduction some desire……
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Steve
Hero Protagonist
Posts: 3,698
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Post by Steve on Nov 21, 2024 17:33:11 GMT
Compulsory purchase of arable land reduces farm output and raises food prices. . . Yes but that plan only applied when a developer was going to get planning permission to grow houses on it |
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Post by AvonCalling on Nov 21, 2024 18:17:00 GMT
Would you elaborate please? Many small farms are struggling due to being underpaid for their produce. It's OK if you are a large farm with 1,000 acre fields and no pesky hedgerows to get in the way of profit but if you are the sort of farm that really supports biodiversity with small fields and lots of trees hedgerows, ditches and ponds you have to rely on countryside stewardship programs to help you stay above water. Small dairy farms for example make about a penny per litre of milk. The treasury would be better looking at raising taxes on the obscene profits the big supermarkets are making rather than squeezing farmers. Supermarkets make about 20p a litre on milk. Thank you for the elaboration. I was going to ask how you arrived at "being underpaid" but I think your larger point was that (I am assuming of course) supermarkets have driven the price of milk down to the detriment of the producer but to the benefit of the consumer. Your point that this is for obscene supermarket profits falls flat when the net margin is looked at BUT I am sure I have made the same mistake about supermarket profits in the past due to some of the reporting on the issue in the past. |
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Post by montegriffo on Nov 21, 2024 19:30:36 GMT
But, the owners of any arable land can get planning permission and the value of land definitely did go up significantly during the Blair, Brown, years and also, at a slightly slower rate but still a big increase during the 14 years of Cameron, May, Johnson, Truss and Sunak. A family that has owned land for generations, is going to get clobbered for no other reason than inflation, when the next generation of that family inherit land that is now worth millions. Labour once has a plan that this could never happen. That the arable land would be compulsory purchased by the relevant council at fair arable land rates and then auctioned off as building land so the community benefited and not some individual. A good plan IMHO Why not just create more council farms to rent out? |
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Steve
Hero Protagonist
Posts: 3,698
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Post by Steve on Nov 21, 2024 19:49:49 GMT
Like councils have a good track record at running anything
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Post by Zany on Nov 21, 2024 22:53:38 GMT
Arable land didn't surge did it? Actually with planning permission it's worth many millions. So yes, it did. Yes, convert it to building land and it goes through the roof, but then its not arable |
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Post by montegriffo on Nov 22, 2024 1:48:19 GMT
Like councils have a good track record at running anything They don't run the farms, they rent them out to tenants. Council or County farms have been running since the late 1800s. It's a great way to start farming without needing a fortune to buy the land. |
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Post by totheleft on Nov 22, 2024 4:43:52 GMT
foreign billionaires investees are buying the land the land they wouldn't do it if they wasn't taking a huge wack from it
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borg0
Full Member
Posts: 241
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Post by borg0 on Nov 26, 2024 23:46:52 GMT
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Steve
Hero Protagonist
Posts: 3,698
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Post by Steve on Nov 27, 2024 0:09:34 GMT
How does that previous profession make his views somehow wrong? I don't agree with him but not because of what he used to be. |
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Post by Zany on Nov 27, 2024 8:05:32 GMT
How does that previous profession make his views somehow wrong? I don't agree with him but not because of what he used to be. I suppose it changes the image from struggling third generation farmer struggling to keep his farm, to investor. The main difference then is why investing in land should reduce your inheritance tax. |
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