Submitted on Thursday 16th April 2020
Rejected on Tuesday 9th June 2020
Current status: Rejected
Rejection code: duplicate (see below for details)
Ensure only the wealthiest companies and individuals pay for COVID-19 bailouts
Taxpayer losses from COVID-19 will be considerable, leading to unprecedented national debt or severe public spending cuts. A cross-party and stakeholder panel (inc TUC & CBI) should decide how those with the most resources pay these costs, prioritising the real economy over supporting share prices.
It is wrong for taxpayer bailouts to pay for shareholder dividends, or for companies owned by tax exiles or with offshore tax avoidance schemes to profit from taxpayer support. We cannot rely on 'Trickle-down' economics to repay the additional debt from COVID-19. Measures such as temporarily increasing the income tax top rate, temporary use of the 'Robin Hood' tax, and the taxpayer taking shares in bailed-out companies until fully repaid, would restore our economy without hurting the majority.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
You may wish to sign some of these petitions:
Increase taxes on high earners to fund emergency Budget measures: petition.parliament.uk/petitions/305795
A windfall tax on banks and hedge funds to save the economy: petition.parliament.uk/petitions/312107
Implement a windfall tax on UK billionaires to fund effort to fight Covid-19: petition.parliament.uk/petitions/309220
Pass into law a windfall tax for all businesses that profit from coronavirus: petition.parliament.uk/petitions/306971
Ban all that engage in tax avoidance and evasion from receiving Corona relief: petition.parliament.uk/petitions/318335
You can find out more about coronavirus and how you can protect yourself and others here:
www.gov.uk/coronavirus
www.nhs.uk/conditions/coronavirus-covid-19/
The Government has also created an online service to help you find out what you can do if you’re struggling because of coronavirus: www.gov.uk/find-coronavirus-support
You can read NHS tips to help if you are worried about coronavirus here: www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips
You can read impartial analysis of the Government response to coronavirus and policy developments here: commonslibrary.parliament.uk/coronavirus/
You may also be interested to know that because of the large number of petitions that have been started in relation to coronavirus, the Petitions Committee has been questioning the Government about its response to the coronavirus outbreak.
Find out more: committees.parliament.uk/work/192/the-governments-response-to-coronavirus/
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