Preferred option for raising revenue

Nov 12, 2012

Q. If the Government decided to increase its revenue to pay for these reforms, which of the following options would you favour?

 

Total

Vote Labor

Vote Lib/Nat

Vote Greens

Increase income taxes for those on high incomes

46%

53%

40%

51%

Increase the GST rate to 11 or 12%

10%

11%

12%

14%

Extend the GST to goods and services like food and health which are currently exempt

5%

4%

6%

8%

Increase income taxes overall

5%

6%

5%

5%

None of them

27%

20%

32%

14%

Don’t know

7%

6%

4%

7%

46% favour increasing income taxes for those on high incomes if the Government decided to increase its revenue to pay for reforms.

Increasing the GST rate (10%) has greater support than extending the GST to food and health (5%).

Increasing income taxes for those on high incomes is favoured by 53% of those earning less than $1,600 pw compared to 35% of those earning over $1,600 pw.