Conservative MPs join farmers ahead of petition hand-in against inheritance tax changes

The video discusses the financial challenges faced by family farms due to high tax bills, especially when land is inherited. A petition with over 215,000 signatures opposes the Labour party's proposed family farm tax, which could lead to significant economic and social impacts, including job losses and the breakup of family farms. The video highlights the technical flaws in the Treasury's tax relief estimates and calls for government action to reverse the decision, emphasizing the importance of family farms to the rural and food economy.

What is the significance of the petition mentioned in the speech, and how many people signed it?

In what ways does the speaker argue that the government is out of touch with the realities of farming?