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1 person across UK responded, 100% favour. Most significant reasons: Wealth inequality is too high and Progressive rates redistribute wealth fairly. Most mentioned reasons for are around: Fair Wealth Tax.
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.
Introduce a wealth tax on people with a £50 million+ net worth
Introduce a wealth tax on anyone that has a net worth above £50million. We believe this would mean wealth cannot be transferred or avoided nearly as easily and could help reduce wealth inequality. Since COVID, the wealth of billionaires has risen.
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.
Remove taxes on personal savings & private pensions
We the people call on the government to remove the tax paid on personal savings & private pensions.
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.
1 person across UK responded, 100% favour. Most significant reasons: Wealth inequality is too high and Progressive rates redistribute wealth fairly. Most mentioned reasons for are around: Fair Wealth Tax.
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.
Introduce a wealth tax on people with a £50 million+ net worth
Introduce a wealth tax on anyone that has a net worth above £50million. We believe this would mean wealth cannot be transferred or avoided nearly as easily and could help reduce wealth inequality. Since COVID, the wealth of billionaires has risen.
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.
Remove taxes on personal savings & private pensions
We the people call on the government to remove the tax paid on personal savings & private pensions.
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.
