Income tax to apply only from £50,000pa with a Maximum Income Level of £300,000
Background
We would like the current tax band system in this country to be replaced by a system where tax is calculated from a starting income of £50,000, rising to a maximum income figure of around £300,000 per annum - any income above this amount being taxed at 100% in order to set a 'maximum income'.
Additional details
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.
Source: UK Government & Parliament Petitions service. Petition ID: 779334.