https://x.com/BareLeft/status/1896991639203373083
Communism is when you have to pay inheritance tax on agricultural assets over Β£1 million (double, if jointly owned), and have ten years to pay it off interest free. π€ͺπ€ͺπ€ͺ https://t.co/uQHdi8HJKW
— Marl Karx (@BareLeft) March 4, 2025
!britbongs how fricking dire is it over there?
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The solution to inheritance taxes is to never die
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The Samsung CEO was "in a coma" from 2014 to October 2020 AKA move a bunch of money around quietly because the death laws in Korea means the government gets to grab a BUNCH of death tax from Samsung when the CEO "died".
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Totally unbiased
context if anyone cares:
Reason for the protests is that farmers have a high 'net worth' but are typically quite cash poor - farms aren't all that profitable and massively expensive to run.
Comrade Reeves wants to charge those farmers part of the massively inflated cost of their land for the privilege of continuing to own it (
)
With land being expensive and farmers being poor, this will in principle lead to farm shutdowns, bankruptcies and divestiture of the wealth of the middle class, essentially a land grab.
This simple economic fact is unpopular with leftist university students who, despite never wanting to own land or farm, are bloodthirsty parasites with a hatred for their parents, for whom farmers are a reasonable facsimilie.
Even ignoring selection effects, this disastrous idea will raise about 300 million GBP, or about 18 hours of NHS funding.
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Just let the Bongs Potato Famine themselves. They obviously deserve it at this point
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You literally have the exact same rule for estate taxes, just at a higher threshold
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you can get arpund that pretty effectively through proper estate planning with properly designed trusts and/or llcs
!slotsmb111
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Communism is when the government uses capitalist policies too support capitalism.
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I fricking love watching college student communists accidentally invent national socialism and wonder why it's never been implemented
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Snapshots:
https://x.com/BareLeft/status/1896991639203373083:
ghostarchive.org
archive.org
archive.ph (click to archive)
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