Government Hands Foreign Farmers £500m – the Same Amount the Inheritance Tax Raid is Projected to Raise
Labour is continuing to hand out more than £500 million to foreign farmers – about the same amount projected to be raised by its inheritance tax raid on British farms that threatens to “destroy” them. The Telegraph has the story.
Fresh analysis shows more than £536 million is being spent across ten programmes in Africa, Asia, and South America, including in Brazil, the world’s 11th-richest country, where low-carbon agriculture is being funded.
Many of the schemes stretch for more than a decade, with one £206 million plan running until 2031 having launched in 2012.
One project worth £16 million is attempting to grow tea in Rwanda for the first time, according to figures from the Taxpayers’ Alliance seen by the Daily Express.
It comes after Chancellor Rachel Reeves sparked fury by cutting relief on death taxes for farms and businesses. The sweeping changes – predicted to raise £500m – mean farmers must now pay 20% tax on the value of their farm above £1 million.
Robert Jenrick, Shadow Cabinet Minister, criticised Labour for “spending hundreds of millions on foreign farmers while British livelihoods are destroyed by their cruel inheritance tax changes”.
He told the Express: “That will feel like a slap in the face for many British farmers. It’s not too late for Starmer to listen, admit he’s made a big mistake, and actually keep a promise he made at the election.”
Worth reading in full.
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I was going to say “unbelievable!” – but unfortunately it’s only too believable.
My reaction was far harsher and very sweary. The bowdlerised version is: “You’ve got to be chuffing joking, all they’re doing is extracting the urine”.
Has anyone else clocked that Keir tweeted yesterday that he intends to make Britain grow by making it an investment hub for the world, citing as an example … Black Rock.
So now we can see farmers are intended to be taxed off the land, which is then sold to Black Rock at high prices (putting the remainder of farmers out of business) for housing, wind-farms or Big Food production.
Such corporations are, as we all know, leaders of innovation in enterprise almost as much as Collective Farms were. And so the country will grow, at least for the 0.1%.
Yes I saw that. The visit from Fink, the visit just before the budget was announced from Gates…and we know where Starmer’s allegiances lie anyways as he told us ages ago. The writing’s on the wall. He’s a duplicitous shyster, with no other intention then screwing over the British public in order to ingratiate himself to his overlords.
It’s the WEF plan.
Is there any legal way to call elections now?
And in response to Two Tier Free Gear Never Here call for growth it has now slumped to 0.1% with an expectation that in the last quarter the economy will shrink as the private sector responses to the Thieves tax theft and cost increases. With business sentiment in retreat since the election, reinforced by the budget, contraction of the economy in the first quarter of 2025 will deliver a recession. The May elections look more interesting by the week.
Apparently Black Rock via proxies is buying up large tracts of farming land in Ukraine since hostilities kicked off.
I wonder if Ukraine being reduced to rubble requiring inward investors to rebuild gives Black Rock an opportunity, heroically, to lead the investment surge and acquire more land, and that prolonging the conflict is good for business… as it were? Or am I being cynical?
Unbelievable.
Endless, massive, stupid, incompetent, incoherent, corrupt, grafting, grifting, money laundering government.
The lust for ever more state control ends up in such lunacy.
I am sure the Fake News media is all over this……
The Tories would not have gone down the IHT route to corporatise farming but they almost certainly would have knelt to the approaches of Blackrock in other ways.
I think Robert Jenrick needs to stfu and crawl back under a suitable rock. Look at the article, at least one of these appalling wastes of our money goes back to 2012. The Tories are mired in exactly the same filth as the current socialist scumbags. This is globalists trying to destroy our country and he was just as big a suck up to them as Cameron, May and Sunak
British Farmers Crushed Foreign Farmers Helped
This is yet more evidence that we don’t have a government of and for our people – we have a government of and for the globalists, on the one hand, and the anti-white madleft, on the other.
What they are doing is more or less what you’d do if your aim was to destroy this country – its culture, economy and people.
Yes, this is what “Stealth Genocide” looks like, and Ethnic Europeans are the target.
Why? Because White People are the only things standing in the way of the Globalist Enslavement of the Rest of Humanity.
If only the Rest of Humanity, now some 93% of all humans on the planet, would wake up and stop helping the Globalists exterminate us, the 7%.
It is a good method to find parity between certain amounts of money in order to understand what is really going on. For example in 2020 the average person lost or is in the process of losing about forty percent of what they have and the elite and enriched themselves to precisely the same amount. And that is on top of the enormous debt that we were all saddled with in 2008. Very difficult situation that cannot be resolved without the help of very disruptive circumstances.
Sir Steel Knarmer is playing a blinder , the freak thinks his Tri Lateral WEF Overlords will reserve a seat at their top table for him once he completes his given mission of reducing the UK to a mere emptied out shell ! Muppet !!!
Yes, Bunter is still waiting for his top table job for doing the globalists bidding. How on earth is the poor fellow going to pay for the upkeep of a ten bedroomed Cotswold Manor House ( where did that money come from) private school fees, luxury holidays, pony lessons etc from writing a column in the Daily Fail?
My goodness this I triggering me! It is such n unjust tax and then to hear our tax money is used to fund foreign farming.
https://m.youtube.com/watch?v=7uBYCJlmtZ0
One report from the farmers’ protest.
I thought Rupert Lowe’s comments were spot on:
Reform UK lashes out at Labour’s ‘disgusting’ £500m foreign farmers’ stash – ‘A spit in the face!’
“Reform UK MP Rupert Lowe has lashed out at Labour’s “disgusting” £536million foreign aid stash for overseas farmers.
The Great Yarmouth MP, who has a farming background, reacted with fury after it was revealed Labour was splashing cash on farmers in Africa, Asia and South America.”
Lowe said: “Just when I think my disgust with this Government has peaked – £536 million being sent to foreign farmers, their assault on British farmers might raise £520million.”
“I could not care less about Brazilian and Rwanda farmers. Not our problem. A spit in the face for British farmers.”
He added: “Not a penny of British taxpayer money should be given to foreign farmers. It is not our problem.”
Lowe later confirmed he had penned a letter to the Foreign, Commonwealth & Development Office “requesting that the minister takes steps to ensure foreign farmers do not receive a penny of British taxpayer money”.”
Somebody is going to get a PhD by making a study of Labour and how adept it is at making enemies of nearly every sector of society, by almost comical unenforced errors, own goals and shooting itself in the foot.