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Community Platform proposal for a Wealth Tax

Community Platform proposal for a Wealth Tax

377 signatures 123 to reach 500
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Started by Anonymous 15 years, 9 months ago

The Government is proposing to introduce aproperty tax in the forthcoming Budget. The definition of property likely to be used will be limited to people’s homes andis not likely to include assets such as foreign properties, stocks and bonds, land, luxury items such as paintings and vintage cars etc.

The Community Platform (a network of 30 national community organisations working to address poverty, inequality and social exclusion) is suggesting, as an alternative, to levy a wealth tax on net assets valued over €1m. This would only apply to individuals with high incomes (over €100,000 or €200,000 for a couple). Certain liabilities e.g. mortgages, borrowings would be excluded. In addition,the Community Platform is suggesting thatthere would be exemptions to ensure that productive assets are not levied – such as farms and business assets.

We the undersigned support the Community Platform call for a wealth tax as outlined, as an alternative to theproperty tax as proposed by the Government.

Sign up to the 4Steps2Recovery Facebook page

View a Community Platform DVD on Wealth Tax

Updates

November 24, 2010

I just looked at the counter and realized we hit two hundred and fifty signatures which honestly feels surreal because I keep thinking about how the government is probably still sitting there ignoring the actual wealth that needs to be taxed but hey at least we have a base now to show them that people are paying attention and frankly I am still surprised by how many of you popped up to sign this thing.

Reached 250 supporters

November 24, 2010

Reached 100 supporters

November 23, 2010

6 Comments

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Dave Choi
15 years ago Featured

YES. tax the assets not the roof over our heads.

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Sarah Huang
15 years ago Featured

Stop hitting our family homes and go after the people with millions in stocks. This makes way more sense than what the gov wants to do.

G
Grainne Crawford
15 years ago Featured

fair play to you for pushing this. the current system is totally skewed to protect the wealthy.

A
Aoife Rivera
15 years ago Featured

Tired of property taxes hitting people who are already struggling to pay the mortgage. Lets see some fairness for once.

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Mark Anderson
15 years ago Featured

Long overdue. Why should someone with 5 houses in spain pay less than me living in my one home? absolute joke.

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Liam Acosta
15 years ago Featured

About time we actually taxed the people who hide all their money away. Sick of the working class carrying the whole country while the rich do nothing.

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