PETITIONRejectedPetition · petition.parliament.uk
Introduce a fair 2% wealth tax on the richest 1% to end pensioner poverty
We call on the Government to introduce a modest 2% wealth tax on the richest 1% with assets over £10 million to combat rising pensioner poverty. This tax would fund fair pensions and support, helping older people avoid choosing between heating and food, without harming those who are comfortable.
Last fetched 03 May 2026 · petition.parliament.uk
Signatures
14
signatures
Government response threshold (10,000) · 14/10,000
Debate threshold (100,000) · 14/100,000
Background
We urge the UK Government to introduce a modest 2% wealth tax on the richest 1% with assets over £10 million to help eradicate pensioner poverty. Many older people struggle to afford essentials like heating and food. A 2% annual tax could raise around £24 billion, providing vital funds for fair pensions and targeted support. This ensures the wealthiest pay their fair share without affecting those comfortably off, promoting dignity, reducing inequality, and fostering prosperity for all.