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Labour MPs are losing patience with Reeves - and now she has a Trump tax problem

  • Inherited farms valued over £1 million will be taxed at 20 percent, a reduction from the previous exemption, as part of the government's efforts to deter wealthy investors from land purchases.
  • Government claims the new tax aims to prevent wealthy investors from sidestepping tax obligations on land purchases, as it seeks to balance inheritance tax regulations.
  • Farmers express concerns that the changes may lead to increased food prices and threaten food security as they might have to sell land to cover tax bills.
  • Jeremy Clarkson criticized economic policies, stating they are negatively impacting publicans and the agricultural sector, calling it a reckless approach to governance.
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Devon Live broke the news in Devon, United Kingdom on Saturday, March 29, 2025.
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