Trump Touts US Farm Estate Tax Repeal in Stark Contrast to UK Plans
During a joint press conference in Scotland, Donald Trump publicly criticized the UK’s incoming inheritance tax regime on family farms while seated next to Prime Minister Keir Starmer. Trump emphasized that in the US, his administration ended the "estate tax" for farms, safeguarding land-rich but cash-poor farming families from forced sales to cover tax bills.
Trump declared, “Farmers are land rich and cash poor. So we ended the estate tax. When a parent leaves a farm to the kids, they do not have to worry about their local banker coming in and stealing their farm.” In contrast, Starmer’s government plans to introduce a 20% inheritance tax on UK farms valued above £1 million from April 2026. UK farming leaders and commentators, while recognizing differences in thresholds, praised Trump for raising the issue and warned of rising financial pressures and mental health risks for rural communities under the proposed British policy.
