I will be presenting this petition in Parliament on Wealth Taxes ahead of the Budget on 30 October, please add your name. 

We believe that in the Budget on 30 October 2024, there should be no more cuts or austerity measures. 

Instead, we believe that the very wealthiest in society should be the ones to pay to fix the damage caused by the last Conservative Government and to fund the investment our public services desperately need.

We call for a package of progressive taxes at the Budget, targeting the wealthy and those corporations that have done so well while millions of ordinary people have faced ever greater hardship including:

• A 2% Wealth Tax on assets over £10 million, which would raise up to £24 billion annually
• Equalizing Capital Gains Tax with Income Tax rates so that the wealthy few pay the same tax rates as ordinary workers rather than benefiting from lower tax rates. This would generate an additional £17 billion
• Ending state subsidies to fossil fuel giants and closing loopholes in the oil and gas windfall tax, raising another £4 billion

These measures would generate an additional £45 billion per year, providing vast resources to rebuild our public services, boost people’s incomes and invest in a higher-wage economy

We believe it is clear you cannot solve the deep problems caused by years of cuts and austerity with yet more cuts and austerity. Instead, we need to tax those whose wealth has skyrocketed while the vast majority of people have faced declining living standards, stagnating wages, and public services cut to the bone.