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Wealth tax in the Autumn Budget
P003016 - 28 October 2024
Presentations: 1
Presenters: 1
Climate
Economy
Taxation
At a Glance
This petition concerning wealth tax in the autumn budget was presented to Parliament once by 1 MP.
Issue Summary
The petition calls for the introduction of a 2% Wealth Tax on assets over £10 million, equalisation of Capital Gains Tax with Income Tax rates, and measures to end state subsidies to fossil fuel companies and close loopholes in oil and gas windfall taxes.
Action Requested
The House of Commons urges the Government to consider the petitioners' requests and take into account the resource benefits of implementing Wealth Taxes when allocating funds in the autumn Budget.
Key Facts
- Over 50,000 people signed an online petition.
- Implementing the proposed measures would generate an additional £45 billion per year.
Presentation Timeline
MPs presented this petition on the following dates. Each card shows the presenters and any recorded remarks.
Presented
28 October 2024
Richard Burgon
Lab
Leeds East
I rise to present a petition on wealth taxes in the autumn Budget, further to a corresponding online petition signed by over 50,000 people.
The petition states:
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