Submitted on Sunday 17th June 2012
Published on Monday 18th June 2012
Current status: Closed
Closed: Tuesday 18th June 2013
Signatures: 4
Reimburse Tax Payers
Take a leaf out of the Australian Government's book.
Instead of issuing more money to the banks to enable them to issue cheaper loans.
Distribute to all British taxpayers in current employment over the age of e.g. 25 years old the sum of e.g. £20,000
This would encourage the following results:
1. An increase in consumer confidence, spending power.
2. Loans and mortgages reduced.
3. Savings and Investment.
Whilst banks have issued bonuses to themselves the taxpayer has seen no return in their pockets for the bailout or been issued with any shares.
The issue of cash or shares would boost taxpayers’ confidence in the government and the banks.
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