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Reform top-rate tax: replace 60% and 50% rates with 45% rate from £100k

Submitted on Saturday 6th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th August 2012

Signatures: 2

Tagged with

Tax

Petition Action

Reform top-rate tax: replace 60% and 50% rates with 45% rate from £100k

Additional Information

To remove disincentives to effort while retaining tax revenues and fairly apportioning the tax burden on the better-off, replace the effective 60% band (loss of personal allowance at £100k), and the 50% rate, with a new 45% rate from £100k.


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