Submitted on Wednesday 15th February 2017
Published on Friday 24th February 2017
Current status: Closed
Closed: Tuesday 2nd May 2017
Signatures: 38
Introduce 100% Inheritance Tax At £10 Million
Don’t you wish to see the gap between the ultra-rich and the poor begin to narrow, instead of constantly widening? How can we even begin creating an even playing field where equal opportunity exists for everyone, while the colossal gap between privilege and poverty stares us in the face every day?
If no-one could pass on more than £10 million total to be divided between their heirs, we would see the gap between the rich and poor begin to narrow for the first time.
A New Graded System could look like this :
40% IT payable after £750,000
50% IT payable after £1 million
60% IT payable after £2. 5 million
70% IT payable after £5 million
85% IT payable after £7. 5 million
100% IT payable after £10 million
100% IT could help properly fund the NHS, Education, Housing, Etc… Please support it!
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