A YouGov poll commissioned by Compass, "shows huge majorities want action on high pay." Although attitudes are broadly similar across social class and party allegiance, "Thatcher's children" - those born since 1975 - are less likely to support new taxes on the bonuses.
- 78 per cent agree that the growing gap between rich and poor is bad for our society
- 73 per cent would support the government in imposing a new tax on all bonuses above £10,000 a year
- 68 per cent support the government in imposing a new tax on major transactions by banks and other financial companies
- 52 per cent would be more likely to vote for a political party that promised to introduce these measures and set up a High Pay Commission
Social grouping appears to have little impact on opinion with richer ABC1 and poorer C2DE voters holding similar views across all questions. Voting intention is a better predictor of attitudes but clear majorities still exist among Conservative voters for curbs on City excess. 70 per cent of Tories support a new tax on bonuses above £10,000 and 51 per cent suggest they would be more likely to vote for a party that promised to bring in these policies.
The data did, however, reveal a startling difference in attitudes between “Thatcher’s children” and those over 55. Only 54 per cent of those aged 18 to 34 support a new tax on major transactions by banks and financial companies compared to 77 per cent of those aged 55 and over. The gap is even greater (58 per cent to 83 per cent) on the question of imposing a new tax on all bonuses above £10,000.Like this article? Sign up to Left Foot Forward's weekday email for the latest progressive news and comment - and support campaigning journalism by becoming a Left Foot Forward Supporter today.