Apply a 2% tax on all assets worth more than £10 million
6
signatures
rejected
Background
Implement a 2% levy on individuals who own assets worth more than £10 million.
Additional details
This tax would impact only 0.04% of the population but is estimated to raise £22 to £24 billion annually. The government needs this essential funding, which would help reduce inequality in the country and prevent a recession.
Source: UK Government & Parliament Petitions service. Petition ID: 722385.