George Osborne: Middle classes LIKE paying 40p tax rate because they feel they are joining the aspirational classes and are a success
George Osborne was accused of ‘insulting’ middle-class voters last night after claiming that making them pay higher tax rates is ‘good for them’ because it makes them feel successful
George Osborne was accused of ‘insulting’ middle-class voters last night after claiming that making them pay higher tax rates is ‘good for them’ because it makes them feel successful – and more likely to back the Tories.
Conservative MPs were stunned when the Chancellor made the explosive remark at a secret meeting at his Downing Street office, the contents of which have been leaked to The Mail on Sunday.
The disclosure came as Mr Osborne is poised to announce a Budget boost for the low-paid by raising the threshold for income tax to £10,500, while rejecting pleas to stop more middle earners being dragged into the 40p tax band.
MPs at the meeting reacted with horror when he told them: ‘Let’s not forget there are advantages in more people paying tax at 40p.
‘It means they feel they are a success and joining the aspirational classes.
‘That means they are more likely to think like Conservatives and vote Conservative.
‘If they are paying 40p tax they have a greater interest in cutting Government spending because they are paying for it. All the polling evidence suggests I am right.’
Source: http://philosophers-stone.co.uk/wordpress/2014/03/george-osborne-middle-classes-like-paying-40p-tax-rate-because-they-feel-they-are-joining-the-aspirational-classes-and-are-a-success/
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