How much do you earn and who do you vote for

[Beautifulbabyboy]

So inspired, by another thread that contained the words "labour are cancer" I am genuinely interested in the correlation between what people earn and who they vote for. Is anyone else interested in this?

Our household income is £125k pa and we vote labour, even though we would be worse off, because I think we should help society as a whole.

Gibraltar has a new capped flat tax you can opt into - you pay a flat rate and it is capped/limited
They also have limits on who is and isn't allowed to live there.

I am a student and work pt in a minimum wage job linked to my course. Dh earns about £100k.

I voted Tory last election but have voted lib dem recently too. I liked the coalition, it reflected my politics. This Tory government haven't offended me yet, but I'm wary of them. I am a libertarian Tory and a wet. Dh voted Tory too, but he embraces them more fully and is less wet - he was raised on a council estate and identifies as working class.

We both were labour supporters and were Blairite, but became disillusioned by Iraq. We were also concerned by how Brown spent too much money in Labour's second and third terms. I could easily go back to Labour if Liz Kendall was leader, but sadly I think that is not going to happen.

I think the Tories are best able to help all in society by keeping the economy on an even keel. Greece have a left wing government but have been prevented from implementing their manifesto by the eurozone. I know we are not in the euro, but we still need to borrow to keep our economy afloat so whoever we elect has to deal with international markets.

Me - 50k Conservative. DP 38k lib dem. I'm a member of the lib dems and before the last election had always voted lib dem at the last election I felt a conservative government was the best way forward.

The UK has limits on who can live here so what is the issue below then? It just seemed like a good plan - you pay a flat tax at one rate and up to a total sum and anything you earn over that sum you keep 100% of because you've done your bit by making the massive maximum payment already.
"Gibraltar has a new capped flat tax you can opt into - you pay a flat rate and it is capped/limited"

""They also have limits on who is and isn't allowed to live there""

Joint income of @85k and labour voters.

Red unless you have relatives born there, it's unlikely you'd get in.

£260 K. Labour, always.

Oh, and it's not terribly exciting there although everybody speaks English.

My mistake. I did not mean Gibraltar. I meant Isle of Man and no I have no great desire to live there at present and it's not very warm.

"But if the tax system is generous to lower earners, for the wealthy it is downright profligate, as that 20 per cent is the maximum tax rate irrespective of how much you earn. What's more, tax liabilities are capped at £120,000."

www.thisismoney.co.uk/money/comment/article-2610254/Thought-Pasty-Tax-bad-The-Isle-Man-gives-Toilet-Tax.html

Also if tax gets too high people lawfully avoid it. I haven't formed a company so far but I could quite easily and pay less tax. I would if tax rates went up.

40k plus commission and labour

Red, I must admit I did wonder, I think we have the same tax laws as the UK, haven't actually looked. It is warm there, but trust me, the barbary apes are viscious sods and it's pretty boring there! Currency is the same though, making it a tad easier!
I know nothing about the Isle of Man!

vicious
Apologies.

(Isle of Man is a bit like England in the 1950s. Also you pay the £120k annual tax and that's that which is what is appealing to those who earn a lot.

I think Gibraltar is a bit of a tax haven too though
"The law of Gibraltar is based on English law, but is separate from the UK legal system.[2] Non-resident businesses do not pay income tax unless the source of this income is Gibraltar proper. There is no tax on capital income.[3] In Gibraltar there is no capital gains tax, wealth tax, sales tax or value added tax. Import duty is payable on most items at 12% The main tax for companies is Corporation Tax, and Social insurance contributions. There are also stamp duties on certain transactions, and property taxes ('rates').

Non-resident companies can take advantage of a number of offshore regimes in order to reduce taxation, although in line with the elimination of unfair tax practices this is being phased out. Individuals pay quite high taxes on their income in Gibraltar unless they are able to take advantage of high-net-worth individual status or gain exemption as an expatriate executive. There is a moderately high estate duty, and import duties are quite high on some items.

Assessment and collection of tax is administered by the Commissioner of Income Tax; the tax year runs from first July to the following 30 June.)."

Around £35k to £40k.

Both voted Labour in May, although DH used to be a Tory voter & I used to be Lib Dem.

12,000k pa. DH and I both voted Tory.
I hadn't realised until I rad this thread how minted a lot of mumsnetters are. Those of you who earn more than £50,000 pa and vote Labour - how much tax would you pay if it was voluntary and you could decide how much - if any - to pay each year?

Andante although I earn less than £50k dh earns more and so we have a combined income of just under £100k pa. I feel that between us we should pay a bit more in tax than we do, so if it was voluntary we'd probably opt to pay an additional few thousand per year.

However, this would be with the caveat that disability benefits were reviewed and reformed, as the recently introduced arrangements discriminate hugely against the most vulnerable in our society.

Household income of about £100k. We both voted labour this time. I voted Lib dem last election, he voted Tory. Previous to that, I was a lifelong labour voter.

Around £80,000. Both our families are traditionally Tory voters, but I could not live with myself if I voted for that shower of utter bastards.

Just my opinion. I absolutely loathe and despise their treatment of the most vulnerable people in our country. It makes me thoroughly bloody ashamed.

I vote Labour.

Thank you, Red. No idea about taxes there now. Well, didn't as a child either. Don't even get back for family stuff these days.

Anyone who thinks taxes are too low can always give spare money either to me or donate it to the Government. I think there is a way to pay extra tax or else you could not claim tax relief on pension contributions on your tax return or reject child benefit. Lots of ways to increase your tax bill.

I find it silly when people moan they're not paying enough tax and act as if they want a medal for how they are well off and also have a conscience.

If you think you should be contributing more, no one is stopping you from donating it.

Household income £32,000. Not rich enough to have the luxury of voting labour!

in fact stinging I would go further - I was behind Osborne in abolish tax relief on charitable contributions but he had to back down due to the rich lobby - they like tax relief on their personal charities many of which are just hobby horses. Let them give to others but why give tax relief for it?

Stinging- paying extra tax to this government would be pointless. I can guarantee that it won't be redirected into the pockets of the most vulnerable. I give to charities that work with the most vulnerable, food banks and homeless charities but I do it through gritted teeth as I don't think the charity sector should be responsible for people without food or shelter on this scale. I'm happy to help but angry that it is necessary. For a start it's not a reliable way of getting help to everyone that needs it and secondly they tend to end up dealing with the symptom rather than the root cause of these issues.

Household income in top 1%. Voted Tory a) because labour didn't have an economic policy that had any worth and b) because I got incredibly irritated at Labour's pitch that they would help hard working families. Yes I earn a good wage, but I have to work bloody hard, commute 4 hours a day and compromise a lot of time with my DC's. Therefore the fact I wasn't considered hardworking pissed me off.