Lapsed

Cut income tax for elite earners

Issued by the voters of Velinor on Feb. 1, 2021.

They’ve got us working our fingers to the bone while the top 1% keep getting richer, taxed at 54% while our peers overseas only pay 38%—that’s 16 points higher, and it’s costing us jobs because these rates punish success and chase investment overseas. Cutting this down to 40% isn’t just fair, it’s common sense: we need these earners building businesses here, not fleeing to where they’re actually appreciated.

The numbers behind the demand

Previous
54%
Tax rate when demanded
Right now
47%
Current tax rate — not yet delivered
What voters want
≤ 40%
Cut the rate to no higher than 40%
Next election on 22 February 2025 (in 2 months).

Pledges (1)

Conservative & Unionist League pledged Feb. 4, 2021
Off the hook

“ONCE IN GOVERNMENT WE WILL THEN CUT THE TAXES AND DO GREAT THINGS”

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