Reduce higher rate income tax from 40% to 30% for income under £100k

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Petition Action

Reduce higher rate income tax from 40% to 30% for income under £100k

Petition Details

The highest rate of tax should only be introduced for over £100k income.This would make it possible to achieve a decent standard of living during these unprecedented times.

Additional Information

It would add an incentive to work rather than live off benefits and add an annual incentive to increase wages across the board and improve the national average salary, as this would mean a greater proportion of money earned would go into the lower tax brackets. It would also create a system where upper management would personally benefit from keeping staff wages high.

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