Rejected petition: Introduce a fair 2% wealth tax on the richest 1% to end pensioner poverty
Rejected on
We call on the Government to introduce a modest 2% wealth tax on the richest 1% with assets over £10 million to combat rising pensioner poverty. This tax would fund fair pensions and support, helping older people avoid choosing between heating and food, without harming those who are comfortable.
We urge the UK Government to introduce a modest 2% wealth tax on the richest 1% with assets over £10 million to help eradicate pensioner poverty. Many older people struggle to afford essentials like heating and food. A 2% annual tax could raise around £24 billion, providing vital funds for fair pensions and targeted support. This ensures the wealthiest pay their fair share without affecting those comfortably off, promoting dignity, reducing inequality, and fostering prosperity for all.
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 this petition which calls for the same action: https://petition.parliament.uk/petitions/721409
We only reject petitions that don’t meet the petition standards.