Company tax cut

Feb 13, 2018

Q. Which of the following statements is closest to your view?

  Total   Vote Labor Vote Lib/Nat Vote Greens Vote other
Cutting the company tax rate will bring Australia’s tax base into line with other nations, attract investment and create more jobs and higher wages 32%   24% 53% 19% 28%
Cutting the company tax rate will simply deliver business $50 billion more in profits – it won’t result in higher wages. 38%   48% 24% 52% 49%
Not sure 30%   28% 23% 29% 22%

 

Respondents were divided over these statements. 38% agreed more that “Cutting the company tax rate will simply deliver business $50 billion more in profits . . . “ and 32% agreed more that “Cutting the company tax rate will bring Australia’s tax base into line with other nations  . . . “. 30% were not sure.

Those more likely to agree that  “Cutting the company tax rate will simply deliver business $50 billion more in profits . . . “ were Labor voters (48%), Greens voters (52%) and other voters (49%).

Those more likely to agree that “Cutting the company tax rate will bring Australia’s tax base into line with other nations  . . . “. were LNP voters (53%) and workers on incomes over $2,000pw. (41%).