Statements about company tax cut

Jul 4, 2018

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

  Total   Vote Labor Vote Lib/Nat Vote Greens Vote other   Feb 2018
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 34%   21% 56% 29% 29%   32%
Cutting the company tax rate will simply deliver business $80 billion more in profits – it won’t result in higher wages. 41%   59% 25% 49% 47%   38%
Not sure 25%   20% 19% 22% 24%   30%

 

Respondents were divided over these statements – but a little more likely to think that company tax cuts will not deliver higher wages. 41% (up 3% from February) agreed more that “Cutting the company tax rate will simply deliver business $80 billion more in profits . . . “ and 34% (up 2%) agreed more that “Cutting the company tax rate will bring Australia’s tax base into line with other nations  . . . “. 25% were not sure.

Those more likely to agree that  “Cutting the company tax rate will simply deliver business $80 billion more in profits . . . “ were Labor voters (59%), Greens voters (49%) and other voters (47%).

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 (56%) and workers on incomes over $2,000pw. (40%).