Submitted on Friday 12th August 2011
Published on Monday 22nd August 2011
Current status: Closed
Closed: Wednesday 22nd August 2012
Signatures: 2
Tagged with
income tax ~ Tax ~ UK
Increase minimum Income Tax band to 33.3% to reduce UK Debt
Urgently increase minimum Income Tax band to 33.3% to reduce the UK Debt as quickly as possible. Increase higher tax bands proportionately.
Currently the government spends more than it receives hence the huge debt. This cannot go on. If we want the level of governemment spending we have then we have to pay for it and NOT by borrowing, which caused the problems in the first place. Reducing interest rates to half percent only enciurages more borrowing which is wrong.
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