Squeeze the rich! Poll shows public want Budget to redistribute wealth

 

A majority of people want George Osborne to increase taxes for the rich in next month's Budget so he can take more low-paid workers out of tax, according to a survey for The Independent. Some 60 per cent of the public support the Liberal Democrats' flagship policy and key Budget demand, while 34 per cent oppose it. The ComRes finding is a boost for Nick Clegg, who is pressing the Chancellor to speed up the plan to raise the personal tax-free allowance to £10,000 by 2015.

The amount people can earn before paying tax will already rise from £7,475 to £8,105 a year in April. Mr Osborne, who has been irritated by the Lib Dems' public negotiating over his Budget, made clear at the weekend that any tax cuts would have to be funded by spending cuts or tax rise, not borrowing.

Mr Clegg's hand will be strengthened by the ComRes poll, which suggests that taking people out of tax could be a vote-winner among older voters, many of whom could benefit. Some 45 per cent of 18-24-year-olds believe high earners should pay more tax to lift those at the bottom out of the tax net. Among those aged 65 and over, support for this policy rises to 73 per cent.

The Lib Dem plan is more popular among men (64 per cent agree) than women (55 per cent). It enjoys the backing of half of Conservative supporters (51 per cent) and is more popular among Labour voters (69 per cent) than the Lib Dems' own supporters (64 per cent).

Labour has extended its lead from one point to three points since our last ComRes survey a month ago. Labour is on 40 per cent (up two points), the Conservatives on 37 per cent (unchanged), the Liberal Democrats on 13 per cent (down one point) and other parties on 10 per cent (down one point). Labour leads the Tories by 40 to 35 per cent among women, while the parties are neck and neck among men (40 per cent).

According to ComRes, there is public support for demands by Tory MPs for Budget tax cuts aimed at business, rather than individuals, to get the economy moving. Some 58 per cent of people back this approach, while 32 per cent disagree.

There is public scepticism about Labour's call for tax cuts if that means higher than planned borrowing in the short term. By a margin of 59 to 31 per cent, people believe the Chancellor should use any spare money to reduce the government deficit rather than cut taxes. Significantly, a majority of Labour supporters (54 per cent) back this statement, suggesting that the party may be out of step with its own voters. It is also endorsed by 74 per cent of Tory supporters and 49 per cent of Lib Dem supporters. Voters back by 61 to 33 per cent Mr Osborne's plans to end child benefit to families with at least one higher rate taxpayer.

ComRes interviewed 1,001 British adults by telephone between 24 and 26 February 2012.

Full tables at www.comres.co.uk

Suggested Topics
VIDEO
Have you tried new the Independent Digital Edition iPad app?
News
Plans to decriminalise non-payment of television licence fees would cost the BBC £500m according to estimates drawn up within the Corporation
people
News
people
Life & Style
The new low cost smartphone of Motorola, 'Motorola Moto G', is displayed in Sao Paulo, Brazil on November 13, 2013. The smartphone, with dimensions 65.9mm W x 129.9mm H x 6.0 - 11.6mm D is equipped with a Qualcomm Snapdragon 400 with quad-core 1,2 GHz CPU, a 4.5-inch display and Android Operating System 4.3 and a suggested price of $ 179 USD.
techData assessing smartphones has revealed tens of millions of phones are at risk of being harvested
Arts & Entertainment
Jessica Pare as Megan Draper and Jon Hamm as the troubled, melancholy Don Draper
tvAnd six other questions we hope Mad Men series seven will answer
Arts & Entertainment
Cody and Paul Walker pictured in 2003.
film
Independent
Travel Shop
the manor
Up to 70% off luxury travel
on city breaks Find out more
santorini
Up to 70% off luxury travel
on chic beach resorts Find out more
sardina foodie
Up to 70% off luxury travel
on country retreats Find out more
Have you tried new the Independent Digital Edition iPad app?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Online Advertising Account Executive , St Pauls , London

£26K-30k + Bonus, Private Medical Insurance, Company Pension: Charter Selectio...

Advertising Account Executive - Online, Central London

£25K-28k + Bonus, Private Medical Insurance, Company Pension: Charter Selectio...

Senior Infrastructure Consultant

£50000 - £65000 Per Annum potentially flexible for the right candidate: Clearw...

Public Sector Audit - Bristol

£38000 per annum + Benefits: Pro-Recruitment Group: Do you have experience of ...

Day In a Page

Homelessness: Why is the supported lodgings lifeline under threat?

Why is the supported lodgings lifeline under threat?

Zubairi Sentongo swapped poverty in Uganda for homelessness in Britain. But a YMCA scheme connected him with a couple offering warmth and shelter
A History of the First World War in 100 Moments: When the world’s biggest shed took over Regent’s Park

A History of the First World War in 100 Moments

When the world’s biggest shed took over Regent’s Park
The pain of IVF

The pain of IVF

As an Italian woman vows to keep the babies from someone else’s eggs, Julian Baggini ponders how the reality of childbirth is often messier than the natural ideal
Supersize art

Is big better? Britain's latest super-sized art

The Kelpies are the latest addition to a growing army of giant sculptures. But naysayers are asking what a pair of gigantic horse heads tells us about Falkirk?
James Dean: Back on the big screen

James Dean: Back on the big screen

As 'Rebel without a Cause' is re-released, Geoffrey Macnab reveals how its star perfected his moody act
Catch-22: How the cult classic was adapted for the stage

How a cult classic was adapted for the stage

More than half a century after it was published 'Catch-22' will make its British stage debut next week
10 best activity books for children

10 best activity books for children

Keep little ones busy this bank holiday with one of these creative, educational and fun books
Arsenal 3 West Ham United 1: Five things we learnt from the battle between the London sides

Five things we learnt from Arsenal's win over West Ham

Arsenal still in driving seat for Champions League spot and Carroll can make late charge into England’s World Cup squad
Copa del Rey final: Barcelona are paying for their complacency and not even victory over Real Madrid will put things right

Pete Jenson on the Copa del Rey final

Barcelona are paying for their complacency and not even victory over Real Madrid will put things right
Rafa to reign? Ten issues clay courts will serve up this season

Rafa to reign? Ten issues clay courts will serve up this season

With the tennis circus now rolling on to the slowest surface, Paul Newman highlights who'll be making the headlines – and why
Exclusive: NHS faces financial disaster in 2015 as politicians urged to find radical solution

NHS faces financial disaster in 2015

Politicians urged to find radical solution
Ukraine crisis: How spontaneous are the pro-Russian protests breaking out in Ukraine’s east?

Ukraine crisis

How spontaneous are the pro-Russian protests breaking out in Ukraine’s east?
A History of the First World War in 100 moments: The first execution at the Tower of London for 167 years

The first execution at the Tower of London for 167 years

A history of the First World War in 100 moments
Fires could turn Amazon rainforest into a desert as human activity and climate change threaten ‘lungs of the world’, says study

New threat to the Amazon rainforest:

Fires that scorch the ‘lungs of the Earth’
Liverpool, Chelsea and Manchester City: And the winner of this season’s Premier League title will be...

Who’s in box seat now? The winner of the title will be ...

Who is in best shape to take the Premier League prize?