Support for tax cut

May 15, 2018

Q. And overall, how do you feel about the Government cutting income tax?

  Total Vote Labor Vote Lib/Nat Vote Greens Vote other Income less than $600 pw $600-1,000 pw $1,000-1,500 pw $1,500-2,000 pw Over $2,000 pw
I support the income tax cuts 39% 34% 53% 22% 31% 24% 44% 46% 43% 42%
I would rather see the money used to reduce Government debt 18% 13% 25% 12% 19% 18% 21% 15% 15% 22%
I would rather see the money used to reverse cuts to schools and hospitals 30% 42% 14% 52% 35% 46% 26% 32% 29% 22%
Don’t know 13% 11% 8% 13% 15% 12% 8% 7% 13% 14%

46% of incomes under $600 would rather the money be spent on schools and hospitals.
39% say they support the income tax cuts over paying off debt or funding schools and hospitals. 30% would rather the money spent of schools and hospitals and 18% would rather the money be used to reduce debt.

 

 

Further changes to incomes tax rates will mean that by 2024-25, workers will receive the following tax cuts –

FUTURE TAX CUTS
INCOME TAX CUT WEEKLY
$37k $0
$50k $540 $10.38
$87k $540 $10.38
$100k $1,125 $21.63
$120k $2,025 $38.94
$180k $4,725 $90.87
$200k+ $7,225 $138.94

 

Q. Do you agree or disagree with giving higher tax cuts to those on higher incomes? 

  Total Vote Labor Vote Lib/Nat Vote Greens Vote other Income less than $600 pw $600-1,000 pw $1,000-1,500 pw $1,500-2,000 pw Over $2,000 pw
Total agree 40% 37% 56% 26% 28% 26% 31% 43% 43% 54%
Total disagree 44% 48% 32% 59% 60% 57% 52% 47% 42% 31%
Strongly agree 9% 12% 11% 7% 3% 7% 8% 13% 4% 14%
Agree 31% 25% 45% 19% 25% 19% 23% 30% 39% 40%
Disagree 19% 13% 21% 21% 25% 15% 21% 26% 20% 16%
Strongly disagree 25% 35% 11% 38% 35% 42% 31% 21% 22% 15%
Don’t know 17% 14% 12% 16% 12% 16% 17% 9% 16% 15%

40% agree with giving higher tax cuts to those on higher incomes and 44% disagree. 

Those most likely to agree were Liberal National voters (56%), incomes over $2,000pw (54%) and aged under 35 (54%).

Those most likely to disagree were Greens voters (59%) and incomes under $1,000pw (54%).

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