See every side of every news story
Published loading...Updated

Team Trump attacks Starmer’s farmer tax

  • ACT New Zealand criticized the Green Party's May 14, 2025, 'Green Budget' proposing tax increases on farmers' assets and inheritances.
  • They argued these taxes build on past policies that forced family farms to sell land to cover inheritance tax bills.
  • Farmers face financial challenges from unpredictable weather and low commodity prices, making asset and inheritance taxes burdensome.
  • ACT MP Andrew Hoggard said the 2.5% annual tax over $4 million and 33% inheritance tax over $1 million would threaten farms, warning these cause "a lot less family farms out there."
  • They warned surviving families might sell farms due to tax bills, risking rural decline and shifting food production offshore under these policies.
Insights by Ground AI
Does this summary seem wrong?

5 Articles

All
Left
1
Center
Right
4
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 80% of the sources lean Right
80% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Telegraph broke the news in London, United Kingdom on Tuesday, May 13, 2025.
Sources are mostly out of (0)