I rise to present a petition alongside a corresponding online petition signed by over 50,000 people. People face a cost of living emergency, the worst in decades, due to soaring energy bills, falling wages and universal credit cuts, yet the Government are about to make this even worse with their national insurance hike.
The petitioners request that the House of Commons urge the Government to cancel the proposed National Insurance increase and commission an investigation into the feasibility of a wealth tax on the richest 1%.
Following is the full text of the petition:
[The petition of residents of the United Kingdom,
Declares that the Government must scrap its plans to hike National Insurance on ordinary working people from April 2022; further that people are already facing huge increases in energy bills, high inflation, real-term wage cuts and cuts to Universal Credit; further that they cannot afford a further tax hike; and further that investigation over the feasibility of a wealth tax on the richest 1% of the UK population should be commissioned by the Government.
The petitioners therefore request that the House of Commons urge the Government to cancel the proposed National Insurance increase and commission an investigation into the feasibility of a wealth tax on the richest 1% of the UK population.
And the petitioners remain, etc.]
[P002721]