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Cap income and wealth - the current system of unlimited wealth promotes greed.

Submitted on Tuesday 27th October 2015

Rejected on Sunday 1st November 2015

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Cap income and wealth - the current system of unlimited wealth promotes greed.

Petition Details

The current system of unlimited wealth and income promotes greed and is detrimental to entrepreneurial processes with many wealthy individuals not re-investing wealth in the system causing a depletion of funds for growth. Not having a cap is causing wealth gaps never seen in all of history.

Additional Information

https://www.equalitytrust.org.uk/scale-economic-inequality-uk


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This petition was rejected

The Government e-Petitions Team gave the following reason:

We're not sure exactly what you would like to happen.

If you could explain the level at which you think a cap should be set, and/or how you think this might be done (whether through taxation or other mechanisms), we could look at this again.

Petitions need to contain a clear request for a specific action so that Government and Parliament know what you are asking them to do.

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