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Sell Government debt to taxpayers in exchange for lower tax rates

UK debt levels are equivalent to £16,000+ per person. This petition asks the Treasury to sell some of that debt to tax payers. In exchange they will give tax payers a low income tax rate for a defined period of time. With interest rates at a low level, it is more cost effective for savers to exchange savings for lower tax payments. And it will help the Government reduce the debt burden quickly.

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Signatories

4

Currently ranked 36,516 out of 103,835 petitions ever created.

Diversity index: 100%

Status

Closed

Created By

Richard Carr

Created On

Tuesday 28 August 2012

Closing Date

Thursday 29 August 2013

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