Republican Efforts to Repeal the Federal Inheritance Tax ('Death Tax')

Republican lawmakers are pushing to repeal the federal inheritance tax, also known as the 'death tax,' citing it as a financial burden on grieving families and small businesses. They argue that it unfairly targets family farms and small businesses and threatens their viability. The proposed bill aims to abolish the tax altogether.

British Farmers Protest Inheritance Tax Plans

British farmers protested the leftist Labour Party government's plans to impose inheritance taxes on family farms, leading to concerns about the impact on farmers who may have to sell their land to pay the tax. The government justifies the tax as a means to fund social services, while critics argue that many farmers operate on thin profit margins and would struggle to pay the tax without selling land. The protest gained momentum with the government standing firm on its agenda despite petitions for reversal.

Inheritance Tax Policy and Impact on Family Farms

Key backer of Labour policy suggests raising £1 million threshold for inheritance tax to spare family farms, sparking protests from rural groups and MPs. Farmers fear impact on working family farms and potential suicide risks among older farmers.

Farmers protest in London over 'tractor tax'

Farmers in central London protest against the government's decision to end an exemption from inheritance tax for agricultural families, leading to concerns about the future of family farms and food production.