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Raise income tax threshold to £20,000 p.a.

Submitted on Tuesday 16th August 2011

Published on Monday 22nd August 2011

Current status: Closed

Closed: Wednesday 22nd August 2012

Signatures: 4

Tagged with

Economy ~ income tax ~ Tax ~ UK

Petition Action

Raise income tax threshold to £20,000 p.a.

Additional Information

Raising the income tax threshold will have 2 massive effects on UK society. Firstly, it will raise almost everyone out of poverty (ie no more riots) & motivate the unemployed to take low-paid jobs. Secondly it will create a massive economic stimulus following the extra injection of cash into the spending economy - right where's it's most needed - in the hands of local business.

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