Your theory-based comments suggest only one thing: you are very likely a salaried individual and haven't the foggiest ability to understand how real businesses work.  Farms, like most industries attacked by the Liberal Government, are low-margin businesses which are often subject to commodity pricing (versus made-up math you might see on a lawyer's invoice).  As a result, they are very sensitive to the fluctuations in the business cycle - which means that they must stow away cash (or passive investment money) to help survive the downturns.  If you tax these savings pots at elevated levels, you erode the ability for these businesses to survive long-term; it's that simple.  Further, if you roll land that was acquired at pennies over generations and now tax it, if you have a mortgage on this property (as most do), the transfer to your kids may leave you with zero equity in extreme situations.  These proposed policies are unmitigated, communist-inspired disasters.