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Tax wealth, savings and assets, NOT income.

Submitted on Wednesday 6th January 2021

Rejected on Wednesday 13th January 2021

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Tax wealth, savings and assets, NOT income.

Petition Details

It is unfair to tax workers with no wealth, savings or assets the same as income earners that own houses, have wealth and savings.

Additional Information

Workers without a safety net or working towards purchasing their first home should not be taxed the same as those who have homes and savings.

Assets, such as housing, are increasing in price but salaries are stagnating. Workers cannot afford to save for a home of their own due to increased rental costs and increased income tax.

Tax the area of the economy that is doing well and those that are associated with it. Support young workers dream to achieve no more than what their parents had.

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This petition was rejected

The Government e-Petitions Team gave the following reason:

Petitions need to call on the Government or Parliament to take a specific action.

We understand that you want the Government to increase taxes on wealth, but it's not clear who you want to be taxed, or how. We could accept a petition calling for a new tax on savings and assets, and for income tax for low earners to be abolished, if that's what you want to happen.

You could start a new petition explaining clearly what you would like the Government or Parliament to do.

Have your say on this petition!

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