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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

How are you planning to vote if you earn over £80,000

403 replies

howtovote · 28/05/2017 19:12

Just wondering the above really.
I can't stand the conservatives and always assumed I would vote Labour in this election, however with the tax increase over £80k I feel I'd be shooting myself in the foot a bit.
What do others think?

OP posts:
dotdotdotmustdash · 29/05/2017 09:28

Don't work harder, work smarter.

I'll make sure to tell my husband that when he has a caseload of dying patients to visit and no staff to help him. Maybe he can change morphine syringe drivers by Skype? Also, when I'm sitting attempting to focus a child with severe behaviour problems who wants to run around the room screaming and thumping people, how do you suggest I work smarter? Maybe just send an email to them and ask them to behave?

Don't be bloody ridiculous. Somebody has to do the shitty jobs, but we should be compensated enough that we can have a home life without worrying every day about the bills.

AmateurSwami · 29/05/2017 09:30

Don't work harder, work smarter.

Hmm

You may as well just say "be richer"

Or

"Learn magic"

Just because you've lucked out, doesn't mean everyone else can.

Badbadbunny · 29/05/2017 09:31

You do all realise that there'll be a marginal tax rate of 67.5% on incomes between £100-£123k p.a. under Labour's proposals????

That means someone currently earning £100k, will pay £675 on every extra £1,000 they earn in that banding.

It also means that more and more experienced doctors and dentists, who typically earn that kind of money, will reduce their hours to avoid the penal 67.5% (and over 70% if you include national insurance and superannuation/pension deductions). At the moment with a smaller 60% marginal tax rate, doctors and dentists are falling over themselves to work less to avoid that tax rate. Raising it even higher will mean even fewer doctors and dentists working full time and more retiring early completely.

So, whilst it's a laudable aim that tax rises will raise funds to improve the NHS, the reality, due to unforeseen consequences, could mean lower tax income from such people, but not only that, a shortage of doctors and dentists if more and more reduce their hours or retire early.

AmateurSwami · 29/05/2017 09:31

dot has put it much better than me.

lostincumbria · 29/05/2017 09:35

Would love the Tories to answer any of these questions raised by former Tory MP Matthew Parris.

How are you planning to vote if you earn over £80,000
Kokusai · 29/05/2017 09:37

Labour but I only earn a smudge over £80k and with slightly more pension cont will take it below 80.

lostincumbria · 29/05/2017 09:37

Or perhaps explain where the nurses are coming from if immigration is going below 100k and applications for new courses has collapsed due to the scrapping of the bursary.

RufusTheRenegadeReindeer · 29/05/2017 09:39

proud

I am not voting tory because i think they have caused such damage to the education system

So no i cant bring myself to vote for them, neither can dh interestingly, he has always voted tory and i have voted tory in all but one

Rhayader · 29/05/2017 09:40

Good luck with that BazookaJoe90.

Both DH and I are net contributors to the tax system and DH earns significantly above 80K. Due to the cost of living in London and Labours proposed "Robin Hood tax" DH and his company will be gone.

When weighed up against international comparisons, what Labour is offering for London vs many other cities is ridiculously poor. We are some of the most footloose people in society and Corbyn has essentially said that he doesn't want us here.

Lets not forget that McDonnell actually used to endorse a 100% top rate of tax and a whopping 50% wealth tax. He's completely insane.

RufusTheRenegadeReindeer · 29/05/2017 09:41

Agree with badbunny

little loopholes to hide extra money such as putting more money into pensions

RufusTheRenegadeReindeer · 29/05/2017 09:42

Really rhaydar ?

Goodness Shock

sheepskinshrug · 29/05/2017 09:44

Do people really reduce their hours to avoid paying a higher tax rate on principle? Are people at this level so acutely motivated by monetary reward, that they would refuse to work longer hours because they had to pay an extra 5% tax for those hours? Dh works his butt off - he'd do that regardless, he loves his job - he loves succeeding, he doesn't know how to take his foot off the peddle.

Applesandpears23 · 29/05/2017 09:46

We will both be affected by the tax change. I don't agree that it is the right way to structure an increase in tax but I know labour won't win this time and I would like a stronger opposition so I will vote labour anyway. My main concern with the tories is the NHS.

Rhayader · 29/05/2017 09:48

sheepskinshrug when i went back to work after maternity leave after DC1 I found with the high cost of childcare/tax/student loan that I made more money if i worked 4 days instead of 5.

Lots of women find themselves in this situation and i know many who work 3 or 4 days and sadly many who after 2 children, give up work entirely because they cannot afford it.

sheepskinshrug · 29/05/2017 10:04

I know Rhayader I gave up because it wasn't financially viable, but I didn't earn a massive amount and I was not career focused like dh. I would have had to earn about £50k quite a few years ago to break even after paying childcare. Child care should be tax free imo.

HeyHoThereYouGo657 · 29/05/2017 10:05

YOU asked the question OP , people can answer .

Or do you just want those earning so much to respond ? Hmm

ProudConservative · 29/05/2017 10:07

Limitededitionseveninch

Honestly, the current Cons aren't a great party. Better under Cameron but still not ideal. They tend to align with my political and economic ideals (i.e. right of centre) but I've been drawn away before; notably by Tony Blair's right-of-centre policies.

Things the Conservatives have done that I like (off the top of my head):

Cut automatic entitlement of housing benefits for 18-21 year-olds

Cut legal aid solicitors fees

Cut corporation tax

Right to buy extension

Increased basic rate income tax threshhold

Kept top tax rate at 45%

Cut pensions tax relief

Capped public sector pay rises

Make large firms publish information on pay (finally disproving the pay-gap myth)

Froze child benefit

Cut social housing rents

Restricted child tax credits

Cut welfare cap

Things I like in their manifesto:

Means tested winter fuel payments*

Means tested care for the elderly (including value of home)*

Scrapping free lunches

Cutting net migration

Increasing personal tax allowance (lower and higher)

Exec. pay packets subject to votes by shareholders

Increase National Living Wage to 60% of av. earnings.

"No school will have its budget cut as a result of the new funding formula"**

"New faith schools will now have to prove parents of other faiths and none would be prepared to send their children to that school"

Real term (sensible) increases in NHS spending. I don't know if I could ever bring myself to trust Labour with the NHS again anyway. It's their fault it's just so fucked at the moment.

Swapping triple-lock to double-lock

Repeal or replace (deeply flawed) Human Rights Act

"Repeal section 40 of the Crime and Courts Act 2014, which would - if enacted - force newspapers to pay their opponents' legal costs linked to libel and privacy actions, even if they win in court, if they are not signed up to an officially-recognised regulator"

"Legislate if progress not made to reduce the "disproportionate use of force" against black, Asian and ethnic minority people in prison, young offender institutions and secure mental health units."

Safeguarding tarrif cap for power suppliers

1.5m new homes by '22. A 2015 promise which they're on target for.

Mandatory minimum service levels for public transport while they're all striking again ... and again ... and again ...

Retain Trident, maintain size of armed forces, 2% GDP on defence.

Improved compensation for bereaved military families and injured personnel.

Told Sturgeon / Salmond to get tae fuck.

Overall

I trust May not Corbyn to not screw the country for the next few generations. I don't see this as an election where I'm passionate about either party, but for me, May's the favourite and I'd like to see her have a marginal majority.

"I also hope you're joking with the "work smarter" comment."

Of course I was. If you feel undervalued then you work somewhere else. If more people do that that the salary will increase. If you want to leave but can't find better pay / conditions then you aren't undervalued. You've over-valued yourself. Really basic supply and demand.

dotdotdotmustdash

Maybe he can change morphine syringe drivers by Skype?

Funnily enough, I was peer-reviewing a paper yesterday on ubiquitous computing in medicine. I've no training beyond first aid but work in the technology side. It won't be long before things like that are done by computers which are much better at these kinds of things than humans. Ambient intelligence has revolutionised surgery and will take over many other forms of medicine in the future.

how do you suggest I work smarter

Do you have training? Of course you do. What does that training enable you to do? Work better, I assume. If not it's wasted. More training / qualifications usually means you're better at your job and this allows you to rise through your field and earn more money.

*socialist policies, I know!

**despite memes and the left=-wing press telling you otherwise

    • *all quotes from the BBC
OublietteBravo · 29/05/2017 10:13

sherpskinshug - I'm already tempted to drop to PT with the current tax regime. It's easier to give up income that is being taxed at a high rate - simply because you personally see less of a drop in what you take home IYSWIM. I imagine lots of people quite fancy only working 4 days a week - changing the tax system as proposed will encourage them to go for it. Once you reach a point where the extra income isn't a necessity, then giving it up for more leisure time is a relatively straightforward decision. The only thing that keeps me working FT is my employers DB pension scheme. If they set to scrap it if drop to PT without a second thought.

Bunnyfuller · 29/05/2017 10:13

High earners - at what point do you think you have 'enough' money? What will you do with the excess? Charity - that reduces your tax bill? More holidays, more cars, bigger houses? Can you genuinely not see how obscene that is against a background of people working 60+ hours a week struggling to survive? How obscene it is against the background of teachers having to buy books for kids out of their own pay because school funding has been slashed? People diagnosed with cancer having to wait for operations, chemo, radiotherapy because there simply isn't the money to fund it? Police officers working 14+ hours every shift, having rest days cancelled week on week? Some people say 'well, if the jobs so bad, leave, do something else' who does that stuff then? That's the question I have for Teresa May, who's going to do it if we don't? And I can tell you, across public services people are leaving in droves - the levels of stress and overwork are not worth struggling in Tory Britain. I have had a pay rise of 1% since the Tories got in. I now do the job that 5 people did in 2012. The actual workload has trebled because I now do it across 3 counties instead of one. Is that fair? Or is fairness not part of it? I work bloody hard, incredibly hard. Apart from the horrific things like working people using food banks, crime going through the roof (yes, they massage the figures to say the right thing at the top - what chief constable is going to say 'actually guv, I'm not coping, we're in the shit' and chance their job? The debt isn't going down as the Tories promised, the thing that's going down is the life of the average person and those without wealth. I honestly see Brexit was a misguided reaction from the masses of working class people directing their frustration of 'less less less' at there being in their eyes 'foreigners taking their jobs' they feel helpless against what the government does to thrm so hit out the only way they can (and yes, I know some voted for other reasons).

It is abhorrent that people with so much more than plenty feel so appalled at being asked to help those not as fortunate as themselves.

Maybe work smarter means go to less jobs as a cop, treat less patients, let some die. Or maybe cut road maintenance, teachers just teach via Skype and computer lessons. There's some glib things said from the comfort of wealth.

Didn't your parents teach you to share properly?

LuluJakey1 · 29/05/2017 10:16

This reply has been deleted

Message deleted by MNHQ. Here's a link to our Talk Guidelines.

Rhayader · 29/05/2017 10:17

Sheep I need to earn about 50K to break even at the moment with two in nursery. We don't get childcare help from the government because DH earns too much - currently you can get 2000 off your bill per child (assuming you spend at least 10K on their care, which, in London you definitely do for full time, even for 3 days its possible for a young child).

Just imagine a scenario where 1 partner earns 50K and the other earns 100K.

100K earning partner gets 64,779 under labour after tax, if they went part time and did 4 days they would earn 54,179, £10,600 less. But, they save £7280 on childcare each year, plus they now qualify for £4000 in tax free childcare from the government - a net profit of £680 and they get to spend a day with the DC.

This might be a slightly silly example because the children will eventually go to school, but then presumably the high earning DP could up their hours again. But it does answer the question: Would people actually work less if taxes were higher. Its not a malicious decision, just a self interested one.

Source for income after tax: www.thesalarycalculator.co.uk/election.php

Bolshybookworm · 29/05/2017 10:18

"New faith schools will now have to prove parents of other faiths and none would be prepared to send their children to that school"

What an utterly meaningless statement. I would definitely be prepared to send my kids to the faith school down the road but I can't because they have faith-based selection. Which the Cons wholly support. The above statement just relates to people's irrational fears about a teeny tiny minority of fundamental religious schools, but doesn't address the much bigger problem of faith based selection.

It's depthless guff like this that turns me off the tories tbh.

messofajess · 29/05/2017 10:20

Husband is over 90k and we'll be voting labour. I don't think we'll notice the change personally but If it does end up taking a few luxuries away from us its unquestionably better than taking essentials from other people.

Seav · 29/05/2017 10:22

Badbunny is that in addition to or instead of losing the personal allowance between those bands, as is currently the case? If in addition to losing the personal allowance then Shock.

I don't have an issue with the 45% tax above £80K - that wouldn't stop me voting labour. I like the idea of the government taking back control of the railways. I can't get my head around how tuition fees can just be abolished for everyone now with so many people going on to university (whose idea what that?! Blair?), even though I am appalled by the fees.

I don't know who I am voting for yet (I haven't given it enough thought or research) but it is probably conservative. It will may well boil down to the level of trust I have in the party leader's intelligence and integrity. I can't get Corbyn's packed train con out of my head...and I can't imagine May ever doing something like that.

olliegarchy99 · 29/05/2017 10:24

This tactical voting idea is so childish, selfish and undemocratic.
Your vote, your choice but you really should be intelligent enough to vote for the candidate/party who you feel is the best for the country and you. Sometimes what is best for the country may not be best for you personally but that should override your own personal angst.
I am sure if someone came on here advocating tactical voting to prevent labour and their 'pie in the sky ideas' from winning in a safe labour seat they would be flamed to hell and back and told 'shame on you'. I have tried it on other threads but the irony weas lost on the labour luvvies (aka anti-conservative and all who vote for them). Smile

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