Submitted on Sunday 10th March 2013
Published on Monday 11th March 2013
Current status: Closed
Closed: Tuesday 11th March 2014
Signatures: 2
Tagged with
British ~ income tax ~ Individuals ~ Tax ~ UK
Increase top rate of income tax for earnings over 250k pa
Introduced in 1907, and abolished in 1973, the top rate of income tax was called Supertax, and in 1973, this tax was 19 shillings and 6 pence in the pound (97.5 %) over a certain wage. Today, the government worry about imposing a 50% income tax. Let the government raise income tax for all who earn over 250K pa to 75% on all income over this amount, and ensure that both individuals, and firms, pay British tax on all earnings in the UK!
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