Enact taxation reform to avert full economic disaster
Taxation should pivot to a more balanced approach. Income tax was designed when wealth shifted from landowners to the working class. Today, wealth is concentrated with asset owners, yet we still rely solely on an income tax system, which no longer reflects the current economic reality.
Signatures
7
signatures
Government response threshold (10,000) · 7/10,000
Debate threshold (100,000) · 7/100,000
- 03 APR 2025Petition rejectedno-action
Petitions need to call on the Government or Parliament to take a specific action. We're not sure exactly what how you would like the Government to reform taxation. You could start a new petition explaining clearly what you would like the Government or Parliament to do.
- 06 MAR 2025Petition created
Background
The rhetoric blaming immigrants & benefit claimants must end. Benefits support survival-rent & food-money that goes to the wealthy who own land and corporations. We’re heading into a pre-war financial strain: rising interest rates, increasing debt, and more wealth for the rich. Governments are bankrupt, & the public is indebted. The rich continue to buy more, driving up prices. We must implement wealth taxation on UK-held assets or face societal collapse. Taxing incomes over £100k won't fix this