Petition · past parliament · HM Treasury
Increase taxes on high earners to fund emergency Budget measures
Closed
472 signatures
What the petition asks
The Government has announced it will be making over £300 billion available to protect businesses and others affected by Coronavirus and more may be necessary. The Government has not said how this will be funded, but funding by means of further borrowing would be unsustainable.
To prevent increasing the National Debt and to make the burden equitable, the Government should increase taxes on high earners to fund the additional spending measures which they have announced. This could be achieved by increasing the higher and additional rates of Income Tax or creating a new Income Tax band for the highest earners.
Timeline
| 27 Mar 2020 | Petition opened for signatures |
| 27 Sep 2020 | Closed to new signatures |
Key facts
Signatures
472
Status
Closed
Department
HM Treasury
Opened
27 Mar 2020
Closed
27 Sep 2020
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Source: the official petition page. Last checked 15 Jul 2026.