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.