Matthew Wright blames farmers for Rachel Reeves's hated inheritance tax grab
Reach Daily Express November 18, 2024 07:39 AM

Broadcaster has told famers that they only have themselves to blame for controversial because they voted for .

The controversial measure, which will remove farmers exemption from paying , was introduced by at last month's budget.

The move has been criticised, with many farmers saying that it could lead to food scarcity, with farmers inheriting land unable to pay 20% of its worth.

But speaking on his LBC show today, Wright was unmoved by heartbreaking tales of

He said: "Most farmers voted for . Had they not, this country wouldn't have been £100 billion a year worse off as far as trade with the EU goes and Rachel Reeves wouldn't necessarily be looking at taxing family farms to make up the difference.

"It does beg the question, weather farmers are simply reaping what they sowed.

"You can't look at the issue of on family taxes separately from ."

His comments were blasted by many on social media, with one user saying: "What an appalling comment. Farmers are such an important part of what makes Great Britain great. We are going to lose farms to rich billionaires with these new laws.

A poll conducted by the found that 50% of farmers , compared with 45% who voted to remain.

Whilst the impact of on farming is complex and multi-faceted, research conducted by in 2023 found that the overwhelming feeling amongst respondents was that it had impacted the industry negatively.

From 2026, farmers will no longer be exempt from paying , potentially causing financial heartbreak for many without vast sums of cash reserves.

One such victim is seventh-generation farmer Tom Wright

Mr Wright who tends to his 200-year-old mixed farm in the Norfolk broads, warned decisions last month will have repercussions for food prices and the environment.

He said: "Being 40, it's the first time in my lifetime I've known something like this. The didn't care about farming but this is actively trying to destroy it. This is even worse."

"They say to plan for it but you can't plan for it. You can rush to do it now but it's still seven years. Someone could get hit by a bus. You can't plan for that. We're the most dangerous industry in the country, sadly, and we don't seem to have a lot of support."

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