Sell Government debt to taxpayers in exchange for lower tax rates

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Sell Government debt to taxpayers in exchange for lower tax rates

Additional Information

UK debt levels are equivalent to £16,000+ per person. This petition asks the Treasury to sell some of that debt to tax payers. In exchange they will give tax payers a low income tax rate for a defined period of time. With interest rates at a low level, it is more cost effective for savers to exchange savings for lower tax payments. And it will help the Government reduce the debt burden quickly.

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