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Tax free Christmas and Quantitative Easing

Submitted on Thursday 24th November 2011

Published on Friday 25th November 2011

Current status: Closed

Closed: Sunday 25th November 2012

Signatures: 4

Tagged with

Economy ~ income tax ~ month ~ Tax

Petition Action

Tax free Christmas and Quantitative Easing

Additional Information

Make December an income tax free month; make up the short fall through quantitative easing. Drive up peak Christmas shopping and help the economy! More effective than bank asset purchase backed quantitative easing regime based on the hope that banks will pass on the benefits. Better than VAT cuts, which make purchases cheaper, but require additional spending to be useful, something many people just can't afford right now.


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