Petition Raise the 40% tax threshold.

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The govm wishes the economy to grow.Hardworking, responsible people now at retirement age have capital to spend, Drawing it down will take some into the higher rate which means 40% tax and VAT tax on top of any goods bought. That is a ridiculous non incentive to spend.Add to that the ridiculous interest rates on m onies saved within accounts points to the fact that capital assets are wasted instead of being used to boost the economy. Wake up government!

This petition is closed This petition ran for 6 months

3 signatures

Progress of the petition towards its next target: 3 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 1 November 2013
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