A MINIMUM Rate of Income Tax at 30%
Inspired by America's "Buffet Rule" and Nick Clegg's "Tycoon Tax", the coalition government should enact a minimum effective tax rate of 30% to ensure that the average middle or lower class household no longer pays a higher rate of tax than wealthy citizens. It would help restore a degree of confidence in the current government, and support their mantra that we are all in this together. Such low taxes on the wealthy are indefensible and a minimum tax rate is the best way to ensure that they pay their fair share.
I think it's scandalous that any individual or company can get away with paying 1% tax. It's about time that people/companies were forced to be active members of the society in which they live and work.