Taxing Mining Company Profits

Feb 21, 2011

Q. Would you approve or disapprove of higher taxes on the profits of large mining companies?

Total Vote Labor Vote Lib/Nat Vote Greens
Total approve 56% 75% 36% 83%
Total disapprove 27% 13% 49% 6%
Strongly approve 21% 32% 6% 46%
Approve 35% 43% 30% 37%
Disapprove 20% 11% 35% 4%
Strongly disapprove 7% 2% 14% 2%
Don’t know 17% 13% 15% 11%

There was majority approval of higher taxes on the profits of large mining companies – 56% approved and 27% disapproved. Labor and Greens voters showed very high approval while Liberal/National voters split 36% approve/49% disapprove.

There were no significant differences by demographic groupings (age/income/work status).

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Taxing Mining Company Profits

Feb 21, 2011

Q. Would you approve or disapprove of higher taxes on the profits of large mining companies if the funds raised were used to provide higher superannuation for all workers?

Total Vote Labor Vote Lib/Nat Vote Greens
Total approve 56% 68% 44% 84%
Total disapprove 24% 14% 39% 8%
Strongly approve 20% 33% 8% 37%
Approve 36% 35% 36% 47%
Disapprove 16% 11% 25% 4%
Strongly disapprove 8% 3% 14% 4%
Don’t know 20% 18% 17% 8%

When asked whether they approved of higher taxes on the profits of large mining companies if the funds raised were used to provide higher superannuation for all workers, 56% approved (no change) and 24% disapproved (down 3%).

Labor voters were slightly less supportive if the funds were tied to super increases (approval down 7%) while Liberal/National voters were more supportive (approval up 8% and disapproval down 10%).

Full-time workers split 58% approve/27% disapprove, part-time workers 57% approve/17% disapprove and those not working 53% approve/25% disapprove. Highest disapproval was shown by workers earning over $1,600 per week – 56% approved but 32% disapproved.

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