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.
Do you support or oppose this petition?
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