Tax any income MPs get other than their Parliamentary Salary at a rate of 99%
React
Members can read every reason.
Introduce a new 30% tax rate for income earnings between £50,271 - £100,000
We ask the Government to introduce a new 30% income tax band that applies to earnings between £50,271 and £100,000. This could ensure a smoother, fairer progression in tax rates. Our aim is to create a more balanced, modern and equitable tax structure for middle-income earners.
Abolish the effective Tax rate of 60% on income between £100,000 and £125,140
We want the Government to abolish the effective Tax rate of 60% on income between £100,000 and £125,140, replacing it with a Tax band of 45% on income over £100,000 and removing the tapered withdrawal of Personal Allowance.
Implement a 2% wealth tax on individuals with net assets exceeding £10 million
Create an asset register and apply a 2% annual tax on individuals with net assets over £10 million. Introduce safeguards, like an exit tax to prevent assets being moved offshore. We think these measures, particularly for real estate, would help ensure the policy is fair and effective.
Review the tax affairs of all sitting MPs for public peace of mind
Government or Parliament should initiate a review of the finances of all sitting MPs for all years they have sat in office. The review should make sure they were conducting themselves according to the law regarding taxation, including with regards to their assets.
Reduce income tax rate for parents
We want the government to change tack in tackling child poverty and our falling fertility rate by reducing the income tax rate of parents - for example by 0.5/1% for each parent for each child until they reach 18.
Tax any income MPs get other than their Parliamentary Salary at a rate of 99%
React
Members can read every reason.
Introduce a new 30% tax rate for income earnings between £50,271 - £100,000
We ask the Government to introduce a new 30% income tax band that applies to earnings between £50,271 and £100,000. This could ensure a smoother, fairer progression in tax rates. Our aim is to create a more balanced, modern and equitable tax structure for middle-income earners.
Abolish the effective Tax rate of 60% on income between £100,000 and £125,140
We want the Government to abolish the effective Tax rate of 60% on income between £100,000 and £125,140, replacing it with a Tax band of 45% on income over £100,000 and removing the tapered withdrawal of Personal Allowance.
Implement a 2% wealth tax on individuals with net assets exceeding £10 million
Create an asset register and apply a 2% annual tax on individuals with net assets over £10 million. Introduce safeguards, like an exit tax to prevent assets being moved offshore. We think these measures, particularly for real estate, would help ensure the policy is fair and effective.
Review the tax affairs of all sitting MPs for public peace of mind
Government or Parliament should initiate a review of the finances of all sitting MPs for all years they have sat in office. The review should make sure they were conducting themselves according to the law regarding taxation, including with regards to their assets.
Reduce income tax rate for parents
We want the government to change tack in tackling child poverty and our falling fertility rate by reducing the income tax rate of parents - for example by 0.5/1% for each parent for each child until they reach 18.