{"links":{"self":"https://petition.parliament.uk/archived/petitions/46587.json"},"data":{"type":"archived-petition","id":46587,"parliament":{"period":"2010-2015","government":"Conservative – Liberal Democrat coalition","dissolution_at":"2015-03-30T23:59:59.000+01:00","response_threshold":10000,"debate_threshold":100000},"attributes":{"action":"ZERO TAXATION STIMULUS FOR BUSINESS, JOBS AND GROWTH","background":null,"additional_details":"Zero income tax, NI, employer NI, corp tax and CGT\r\n\r\nRevenue by increasing VAT.\r\n\r\nProduction massively cheaper increasing sales and jobs.\r\nZero tax and NI means people keep all they earn with the liberty of choosing how they spend it.\r\nTax realigned to target consumption rather than production.\r\nProducts consumed having greater impact on the State have higher VAT to meet the costs of that consumption.\r\nTax based on an average individual with average consumption paying the same as now.\r\n\r\nWage £25k\r\nPAYE+NI £5.5k\r\nVAT £2k\r\nTax currently £7.5k\r\n\r\nIncrease VAT to 50% and avg tax for avg consumption is £7.5k - the same.\r\n\r\nUK production massively cheaper leading to more jobs, more earning more, increasing demand.\r\nIncentivising creativity and hard work, rewarding products with least impact on the State whilst penalising those with the most.\r\nFreedom to spend what you earned, rewarding those that work hard and conserve whilst being a radical stimulus to our production capability.\r\n","committee_note":null,"state":"closed","signature_count":1,"created_at":"2013-03-01T12:39:33.000Z","updated_at":"2017-06-21T15:12:34.493Z","rejected_at":null,"opened_at":"2013-03-04T07:56:27.000Z","closed_at":"2014-03-04T07:56:27.000Z","moderation_threshold_reached_at":"2013-03-01T12:39:33.000Z","response_threshold_reached_at":null,"government_response_at":null,"debate_threshold_reached_at":null,"debate_scheduled_on":null,"scheduled_debate_date":null,"debate_outcome_at":null,"rejection":null,"government_response":null,"debate":null,"departments":[],"topics":[],"signatures_by_country":[],"signatures_by_constituency":[],"signatures_by_region":[],"other_parliamentary_business":[]}}}