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Appropriate Profit Tax to reduce national debt

Submitted on Thursday 18th August 2011

Published on Wednesday 14th December 2011

Current status: Closed

Closed: Friday 14th December 2012

Signatures: 3

Tagged with

Tax

Petition Action

Appropriate Profit Tax to reduce national debt

Additional Information

When companies such as Power companies increase prices at a time when the cost of power is rising anyway and this in turn increases their profits considerably this is simply inappropriate therefore this additional profit should be taxed at a very high rate i.e. 80% as the company has shown no regard or respect for it's customer's or the difficulties currently being faced by the nation.


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