Rejected petition Reverse the 'mini-budget' tax cuts introduced by Kwasi Kwarteng to save the £

Rejected on 3 October 2022

Reverse all the announced tax cuts that result in an increase to the national debt

Kwasi Kwarteng recently announced in his 'mini-budget' a range of ill-advised tax cuts funded by borrowing (so unfunded) to help stimulate the stagnant economy. However, it will increased national debt, inflation rates and interest rates whilst lowering the value of the pound. All of this increases pressure on the cost of living and actually encourages more stagnation in the economy - Do the right thing for the country, not your careers.

Why was this petition rejected?

There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

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You may wish to sign this petition which calls for the same action:

Reverse the tax cuts announced in the mini budget
https://petition.parliament.uk/petitions/623929

We only reject petitions that don’t meet the petition standards.