Create a rising tax rate system and set an effective maximum income level

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Create a rising tax rate system and set an effective maximum income level

Petition Details

We would like the current tax band system in this country to be abolished, in favour of a formulaic system, where tax is calculated from a starting income of £45,000, rising to a maximum income figure of around £250,000.

Additional Information

Any income above this amount would be taxed at 100% in order to set a 'maximum income'.

We feel that there have been years of gross inequity in Britain, which have promoted a tax system that seems designed to make the divide between rich and poor increase exponentially.

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