Petition Share/Stakeholder,hedge fund,& companies using robots should pay social care tax

Share/stake holders who receive over £50,000 in dividends, hedge funds, and companies that replace workers with automation often fail to reinvest their profits in the workforce and payrates. As the workforce pays taxes, these companies are also depriving the Government of taxes and NI contributions.

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The Government should therefore introduce a new 'Social care tax' on share and stake holders, hedge funds, and companies who use automation. The Government must only use this income for social care. It would help county councils tackle shortages in their social care budgets without making cuts elsewhere, including council tax rises. This tax would also help the NHS with their budget sort falls.

This petition closed early because of a General Election Find out more on the Petitions Committee website

10 signatures

Progress of the petition towards its next target: 10 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 3 May 2017
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