Lower tax for draw downs on those with private pensions to 5%.

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Petition Action

Lower tax for draw downs on those with private pensions to 5%.

Petition Details

I'd like the government to lower taxable pension draw downs from 20% to 5 %

Additional Information

I believe that already having paid tax that 20% is too high for subsequent draw downs I believe that by reducing the tax more money would be injected into the economy
We still pay tax to help those in need.
And the amount of draw down would be capped and only so many in any determined year like 2 in 5 years up to 15 k

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