Rejected petition Increase Taxation For The Ultra Rich

Introducing stricter laws and higher percentages on taxation of the ultra rich would lower costs of assets like housing and provide more money for public services. Doing so would not detriment the working class, middle or even upper middle classes as they would not meet the threshold.

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The ultra rich are a tiny minority that have been slowly but surely acquiring the country’s assets and leaving the British people and government with less and less. This means more debt and less to spend for the average consumer as well as the state for public services.
This would not cause businesses and wealthy individuals to exit the UK, and those that do will be leaving behind their assets and infrastructure. Therefore others will fill their industry gaps leading to innovation and growth.

This petition was rejected

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.

You are more likely to get action on this issue if you sign and share a single petition.

You may wish to sign these petitions which call for a similar action:
https://petition.parliament.uk/petitions/700319
https://petition.parliament.uk/petitions/721409

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

Date submitted 7 April 2025
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