King Charlie, then the hedge funds, And don't forget Cameron and the "Trust fund" set by his father revealed in the Panama/Pandora Papers?It's the continuation of British class system. Clarkson doesn't want to pay tax after he dies. I reckon his children will inherit more than 95% of us, so 1 mil tax free, then normal allowances then 20% on the rest seems more than fair to me compared to zero concessions and 40% standard IHT.
Oh, and exempt *real farmers*, because we all like eating! ?