Important:

This petition was submitted during the 2010-2015 parliament

Petition Retain the current tax brackets

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We the petitioners call on the government to retain the current brackets for income tax in the United Kingdom (UK).

We believe that the 50% top tax rate is necessary and should not be lowered or abolished, because the money raised is crucial for the government, particularly in such times of austerity, and that wealthier individuals can afford to pay such a rate.

We also accept that the 50% rate should not be increased, and that such a move would be counter productive and unsustainable, as it would cause a lot of wealth to leave the UK.

This petition is closed This petition ran for 12 months

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