This petition was submitted during the 2010-2015 parliament
Petition Sell Government debt to taxpayers in exchange for lower tax rates
More details
UK debt levels are equivalent to £16,000+ per person. This petition asks the Treasury to sell some of that debt to tax payers. In exchange they will give tax payers a low income tax rate for a defined period of time. With interest rates at a low level, it is more cost effective for savers to exchange savings for lower tax payments. And it will help the Government reduce the debt burden quickly.
This petition is closed This petition ran for 6 months
4 signatures
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10,000 signatures required to get a government response