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.
React
Members can read every reason.
Give families an additional tax-free allowance for each child
Introduce a tax-free allowance for each dependent child under 18, in addition to the personal allowance, and ensure it is given to the parent with primary day-to-day care of the child.
Create a rising tax rate system and set an effective maximum income level
We would like the current tax band system in this country to be abolished, in favour of a formulaic system, where tax is calculated from a starting income of £45,000, rising to a maximum income figure of around £250,000.
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.
Apply an income tax rate of 99% to MPs' additional incomes
Tax any income MPs get other than their Parliamentary Salary at a rate of 99%
End the freeze on income tax thresholds & adjust annually, indexed to inflation
The fiscal drag hits lower- and middle-income earners the hardest. We call on the Government to unfreeze income tax thresholds and index them to inflation. We believe this will make the tax system fair, let workers keep a fairer share of their earnings, boost the economy, and help families.
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.
React
Members can read every reason.
Give families an additional tax-free allowance for each child
Introduce a tax-free allowance for each dependent child under 18, in addition to the personal allowance, and ensure it is given to the parent with primary day-to-day care of the child.
Create a rising tax rate system and set an effective maximum income level
We would like the current tax band system in this country to be abolished, in favour of a formulaic system, where tax is calculated from a starting income of £45,000, rising to a maximum income figure of around £250,000.
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.
Apply an income tax rate of 99% to MPs' additional incomes
Tax any income MPs get other than their Parliamentary Salary at a rate of 99%
End the freeze on income tax thresholds & adjust annually, indexed to inflation
The fiscal drag hits lower- and middle-income earners the hardest. We call on the Government to unfreeze income tax thresholds and index them to inflation. We believe this will make the tax system fair, let workers keep a fairer share of their earnings, boost the economy, and help families.
