Introduce a Wealth Tax for those with more than £10 million in cash assets
Given that the country is short of money and a rise in direct taxes is unlikely, one way to raise more revenue is to introduce a wealth tax. Those who are most able to pay should contribute more. I propose that anyone who has more than £10 million in cash
Signatures
8
signatures
Government response threshold (10,000) · 8/10,000
Debate threshold (100,000) · 8/100,000
- 10 APR 2025Petition rejectedduplicate
The following petition calls for a similar action: Introduce a 2% wealth tax on assets over £10 million & tax reform https://petition.parliament.uk/petitions/721409
- 17 MAR 2025Petition created
Background
Stop cutting services and benefits for those most in need. There are plenty of very wealthy people in the country that could easily pay more.