Only quarter of voters want to scrap 50p tax
A new poll shows that just 25 per cent of voters – including only a third of Tory voters – would support the abolition of the 50p tax rate. The findings suggest that Chief Secretary to the Treasury, Danny Alexander, is on the right side of the debate in dismissing his Tory colleagues as living in “cloud cuckoo land“.
The YouGov poll for the Sunday Times found that just 25 per cent of voters supported a policy to scrap the 50p higher rate of income tax. Even fewer voters – just 21 per cent – thought that the policy would boost growth. As the graph below shows clear majorities of supporters for all major political parties oppose the move.
In recent weeks, senior Tory politicians have called for the policy – introduced by Alistair Darling – to be scrapped. Last week London mayor, Boris Johnson, said that abolition of the 50p rate would be “a signal that London is open for business … That’s the right direction to be going in“. Former Conservative chancellor, Lord Lamont, used an article in the Sunday Telegraph to write:
“Lower taxes are important. Our taxes are uncompetitive and too high compared with other European countries. The fifty per cent higher rate of income tax is probably one tax which could be abolished without any effect on revenue.”
Last week the Financial Times reported that Mark Field, Tory MP for the Cities of London and Westminster, had urged the Chancellor to “look at a big iconic move” such as scrapping the 50p top rate of tax, accompanied by an acceleration of the plan to take the lowest paid out of the tax system. Meanwhile a host of commentators including Spectator Editor, Fraser Nelson, have called for George Osborne to scrap the tax.
The Treasury appears to be split on the issue with George Osborne reported to be in favour of scrapping the tax by 2013 while Danny Alexander said yesterday that those who supported the right-wing policy were living in “cloud cuckoo land“.
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http://twitter.com/hartleyr27/status/98010498355838977 Rhys Hartley
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http://twitter.com/craig_owen1/status/98010899876556800 Craig Owen
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http://twitter.com/artuncut/status/98011167309565952 artuncut
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http://twitter.com/one_society/status/98013640787099649 One Society
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http://twitter.com/therightarticle/status/98014723831902208 Michael
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http://twitter.com/hitchinengland/status/98020734688968705 Hitchin England
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http://twitter.com/tpreadthis/status/98022911843106816 TP recommends…
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http://www.artisanalpencilsharpening.com/ Mr Danger
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http://twitter.com/45apl/status/98034940062609409 45apl
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Dave
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Alan W
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http://twitter.com/enayat2006/status/98041476667281408 enayat2006
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Selohesra
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Leon Wolfson
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http://twitter.com/sph1984/status/98068637914628097 Simon Hughes
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http://twitter.com/jasonpaulgrant/status/98075944920686592 Jason Paul Grant
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Anon E Mouse
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Leon Wolfson
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Anon E Mouse
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Leon Wolfson
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Anon E Mouse
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http://twitter.com/threadbarepanda/status/98093107094110208 Panda
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Leon Wolfson
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http://twitter.com/fairervoter/status/98122784517013504 Eamon Walsh
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George McLean
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http://twitter.com/whyyoushouldbuy/status/98141747099615233 Why Should You Buy
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Leon Wolfson
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http://twitter.com/robertcp/status/98154865980743680 Robert CP
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http://twitter.com/nextgenlab/status/98308445161267200 NextGenerationLabour
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Anon E Mouse
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Selohesra
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George McLean
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Leon Wolfson
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http://twitter.com/hlcheathrow/status/98860201364570112 Jon Purdom/Paco Saez
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