Open petition: Raise the Personal Allowance to £20K funded by a 2% tax on incomes over £100K
Created by Martin Guilfoyle
Closes on
We believe this change could allow ordinary people to pay off their debt, save and invest more securely, spend more on holidays, retail, home improvements and services, and support local businesses and jobs.
By having more disposable income, people could reinvest it into the economy, and the benefits could ripple outward.
This proposal should be funded by those who can afford it. It could provide financial benefits that are brave and potentially revolutionary. Money would go back into the economy and could genuinely reward working. If the goal is to truly redistribute wealth and close the poverty gap, then we believe that such ideas should be considered.
30 signatures
Petition progress
View all updates for this petition, with the most recent first.
-
Petition published
This petition can now be signed.
If this petition gets 10,000 signatures, government will respond to it.
If this petition gets 100,000 signatures, it will be considered for debate in Parliament.
This petition will stay open until 20 February 2027.