Create a rising tax rate system and set an effective maximum income level

Background

We would like the current tax band system in this country to be abolished, in favour of a formulaic system, where tax is calculated from a starting income of £45,000, rising to a maximum income figure of around £250,000.

Additional details

Any income above this amount would be taxed at 100% in order to set a 'maximum income'. We feel that there have been years of gross inequity in Britain, which have promoted a tax system that seems designed to make the divide between rich and poor increase exponentially.

Where it’s popular

Constituencies with the most signatures on this petition.