National debt.

• Petition

Petition Action

National debt.

Additional Information

borrow money totaling the national debt at 0% from the bank of england with 100 year maturity.

pay off all existing interest bearing debt.

pay down the newly created debt over the next 100 years.

-----private debt.

------force lenders to fix existing debt at existing rates, including mortgages and all other consumer/commercial debt.

-----Raise Bank of England base rate to 5% to inhibit inflation and encourage savings

-----with no interest on national debt tax cut can be made.

--1.
abolish corporation tax for companies employing over a certain number of employees.
--2.
abolish employers National insurance contributions.
--3.
reduce capital gains tax to 10 percent.
--4.
revove 50% tax rate.
--5.
impose transaction tax for high frequency trading only and also limit the activity of Quote stuffing by these systems.
---6.
remove vat. and capital gains tax on investment grade gold and silver bought and held in the uk.

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